Marine retail dealer sentiment improved in October from the previous month and the mood also was more optimistic than in the same month last year.
Soundings Trade Only reported that the MRAA/Baird/Trade Only Marine Retailer Sentiment Index rose to 77 in October from 75 in September and 71 in October a year earlier. The all-time high for the monthly index, which began in December of 2013, is 81.
The 3-to-5-year outlook also improved, rising to 78 in October from 71 in September and 70 in October of 2016.
Baird surveyed 78 dealers in October, which it said is a seasonally less relevant month. About 4% of annual retail boat sales occur during the month.
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