No Fireworks in July
August 21, 2023
Continuing to voice concerns about having to carry too much new-boat inventory, 89% of dealers who responded to this month’s Pulse Report survey said they had too much new product in July.
Continuing to voice concerns about having to carry too much new-boat inventory, 89% of dealers who responded to this month’s Pulse Report survey said they had too much new product in July.
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.
For the month of November, 82% of retailers reported declines in new-boat sales, a noticeable drop-off from October statistics.
Inventory of new and used boats continues to be difficult for dealers
Sentiment in the ‘most important’ month slipped a bit, but the long-term outlook remained strong
February Pulse Report was up slightly from January and outdid last year’s figure by a hefty 10 points
Recreational marine dealer sentiment improved in February.
Continuing to voice concerns about having to carry too much new-boat inventory, 89% of dealers who responded to this month’s Pulse Report survey said they had too much new product in July.
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.
For the month of November, 82% of retailers reported declines in new-boat sales, a noticeable drop-off from October statistics.
Inventory of new and used boats continues to be difficult for dealers
Sentiment in the ‘most important’ month slipped a bit, but the long-term outlook remained strong
February Pulse Report was up slightly from January and outdid last year’s figure by a hefty 10 points
Recreational marine dealer sentiment improved in February.
