Nearly Half of Dealers Report Slow Sales
June 22, 2023
In a traditionally strong month for recreational boat sales, dealers reported continued retail declines and higher-than-preferred inventory levels in May.
In a traditionally strong month for recreational boat sales, dealers reported continued retail declines and higher-than-preferred inventory levels in May.
Thanks to a sluggish economy, high interest rates and wet, cold weather in some parts of the country, April was a tough month for dealers.
The slower economy at the end of 2022 pushed marine retailers to get creative about boosting business amid the winter boat-show season.
In a traditionally strong month for recreational boat sales, dealers reported continued retail declines and higher-than-preferred inventory levels in May.
Thanks to a sluggish economy, high interest rates and wet, cold weather in some parts of the country, April was a tough month for dealers.
The slower economy at the end of 2022 pushed marine retailers to get creative about boosting business amid the winter boat-show season.
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