Boat Shipments Show 14% Gain Through October

January 12, 2012 by · Leave a Comment 

Through October, wholesale shipments of boats were up 14% and corresponding dollars were up 23% for the National Marine Manufacturers Association’s (NMMA) control group of manufacturers, the association said in its monthly economic report.

Advance data indicated that the trends would continue through November.

New powerboat registrations were down 2.5% on a rolling 12-month basis through September, compared with a year earlier. Advance estimates indicate that sales in bellwether states will be up 4.7% on a rolling 12-month basis through November, the NMMA said.

Recreational boat and marine engine export volumes were up 13% in the third quarter of 2011, and dollars were up 3% from a year earlier. Corresponding import volumes were up 4% and dollars were up 0.8%, according to the association.

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