Current Conditions

81%

of marine manufacturers report that

business conditions were declining

in Q1 2020.

  • Expectations

    61%

    expect business conditions will worsen over the next 6 months

    while 35% are optimistic that business conditions will improve.

  • Workforce

    25%

    of marine manufacturers 

    reduced their workforce in Q1 2020 as a direct result of COVID-19 impacts.