New powerboat registrations in the US dropped under half a percent through July on a rolling 12-month year-over-year basis and down 2.4% on a rolling three-month year-over-year basis, according to preliminary data from the National Marine Manufacturers Association (NMMA).
“Much of the minor softness we’re seeing is weather-related with the fundamentals that drive industry sales remaining strong and new powerboat sales are still at their second highest levels in 11 years,” said Thom Dammrich, NMMA president, in a news release.
Personal watercraft (PWC) and wakeboats led some growth on both the rolling 12- and three-month scales, with PWCs up 8% and 4% respectively, while wakeboats showed 6.6% growth over 12 months and 3.2% on the three-month measure. In a bit of a mixed bag, cruisers were up nearly 2% on the 12-month measure and down half a percent on the three-month scale.
Sales of larger powerboats remain healthy with registrations of new powerboats 27ft and larger up 4.9% on the rolling 12-month and up 8.6% over the rolling three month.
Fibreglass-hulls, which account for 58% of unit sales on an annualised basis, inboard boats, and jet boats were all up on both the 12- and three-month year-over-year measures.