Boating Industry Continues Rebound with 5 Percent Sales Increase in 2013
NMMA recently announced that as 2013 closed, the U.S. recreational boating industry continued its post-recession climb with an estimated 5 percent increase in new powerboat retail sales. The increase comes on the heels of the industry’s 2012 rebound when new powerboat retail sales increased 10 percent—the industry’s first sign of recovery. In 2014, NMMA expects the recreational power boat sales will continue to grow another 5-7 percent.
In addition, retail dollar sales of new powerboats are expected to be up 8 percent in 2013, signaling that the mix of boats being purchased includes higher priced boats and that Americans are investing more in boating. Read NMMA’s full press release on the latest economic figures for the industry, CLICK HERE