New Powerboat Registrations Up in Third Quarter
NMMA reports in the third quarter of 2015, new registrations of traditional powerboats and PWCs were up 8.5% (YOY) and up 8.8% (R12M YOY).
Jet drive boats, personal watercraft, wake sport boats, and outboard boats led growth, up 22.3%, 14.3%, 10.6% and 8.2% (R12M YOY) respectively. There’s continued softness in sterndrive boats, down -7.5% (R12M YOY), while inboard cruisers were relatively flat, up 0.1% R12M YOY.
Among high-volume regions, growth was led by the Pacific region, which spans the Pacific coast from Washington to California including Hawaii (up 11.3% R12M YOY). The South Atlantic region, which spans the Atlantic Coast from Delaware south to Florida was up 10.8% R12M YOY and the East North region, which includes Indiana, Michigan, Ohio, and Wisconsin, was up 8.8% R12M YOY. Together, these regions represent 47.4% of all new boat sales.
NMMA members can view the complete NMMA Q3 2015 New Powerboat Registrations Report here. Contact Vicky Yu, Director of Industry Statistics and Research, at [email protected] with questions.