Recreational boat sales slipped in December, but full-year figures based on results from 27 early-reporting states, including Florida and Texas, showed that industry sales rose about 5% last year.
Soundings Trade Only reported that according to Statistical Surveys Inc. 246,891 boats were sold industrywide in those states in 2016, 4.9% more than in 2015. In the main powerboat segments sales totaled 160,641, up 5.1% from the previous year.
The performance marks the industry’s fifth consecutive year of sales gains.
“It’s what we’ve been seeing, slow moderate growth continuing,” Statistical Surveys Sales Director Ryan Kloppe said.
He predicted that the final 2016 sales increase will be between 5% and 5.5% once all 50 states have reported.
The 27-state total is already 2,775 ahead of the 2015 pace for all 50 states. In 2015 the industry sold 244,116 boats, a pace that was 6.8% higher than 2014.
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