Trending Toward Normalcy
May 17, 2023
In March, 10,704 new boats were registered in the main powerboat segments, a 20% drop from 13,372 in the same month last year.
In March, 10,704 new boats were registered in the main powerboat segments, a 20% drop from 13,372 in the same month last year.
Declines in new-boat registrations continued in February as the market adjusts to prepandemic numbers
In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.
The majority of segments showed declines in new-boat registrations in December, with the total industry being down 15.8% compared with a year earlier.
As the gaudy sales figures from the pandemic continue to return to more realistic numbers, the main segments of the recreational boating industry saw new-model registrations of 4,421 in November, a 30.3% drop from 6,340 during the same time in 2021. .
Continuing the trend from the previous month, new-boat registrations for the main powerboat segments in October were down 23% from the previous year, at 5,577, compared with 7,246.
In March, 10,704 new boats were registered in the main powerboat segments, a 20% drop from 13,372 in the same month last year.
Declines in new-boat registrations continued in February as the market adjusts to prepandemic numbers
In January, new-boat registrations were down 23.6%, at 4,293 compared with 5,618 in the same time frame in 2022. These numbers continue to indicate the typical seasonal slowdown that most dealers and manufacturers in Northern states expect.
The majority of segments showed declines in new-boat registrations in December, with the total industry being down 15.8% compared with a year earlier.
As the gaudy sales figures from the pandemic continue to return to more realistic numbers, the main segments of the recreational boating industry saw new-model registrations of 4,421 in November, a 30.3% drop from 6,340 during the same time in 2021. .
Continuing the trend from the previous month, new-boat registrations for the main powerboat segments in October were down 23% from the previous year, at 5,577, compared with 7,246.
