Market Intelligence

Softening North American market: seasonality or recessionary?

>> , by Tony Esposito2023-02-07T12:50:00

US boating

Industry data shows slowing new-boat registrations and building inventory

While North American boat shows are seeing smaller crowds but robust sales, industry data is showing slowing new-boat registrations and building inventory, which has the boating business here trying to determine if it is inflationary pressure, a return to a more seasonal selling cycle, or maybe a little bit of both.

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