Feeling the Love in February
March 26, 2024
Dealer sentiment rises for the short term and the next three to five years as dealers prepare for the upcoming boating season.
Dealer sentiment rises for the short term and the next three to five years as dealers prepare for the upcoming boating season.
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.
To wrap up 2022, marine retailers reported lower demand, expressed more negative sentiment and voiced concerns about rising inventory. Boat prices and the economy remained top of mind for dealers in December.
Dealer sentiment rises for the short term and the next three to five years as dealers prepare for the upcoming boating season.
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.
To wrap up 2022, marine retailers reported lower demand, expressed more negative sentiment and voiced concerns about rising inventory. Boat prices and the economy remained top of mind for dealers in December.
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