- Sales of freshwater fishing boats, saltwater fishing boats, cruisers and jet boats reached double-digit highs in 2020, while runabouts and yachts had their highest unit sales totals in nine and eleven years, respectively.
- Consumer demand for new powerboats trended up at a slower pace of growth in December compared to November on a seasonally adjusted basis.
“With this unprecedented demand, inventories today are the lowest they have ever been,” noted Yu. “Build builders who are working closely with dealers to keep the consumer engaged while supplies are replenished will come out ahead.”
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