New retail boat sales in June grew marginally, with a 1.1% rise in the main powerboat categories and just 0.2% growth overall, according to preliminary data from Statistical Surveys Inc.
Soundings Trade Only reported that for the 27 early-reporting states, which represent 51.05% of the industry, results were underwhelming in what is historically the largest sales month of the year — and that was following marginal growth in June 2017.
“It wasn’t that awesome last year either,” SSI Sales Director Ryan Kloppe told Trade Only Today. “June 2017 was up 1.5%, so it’s a fairly easy comp. There’s nothing to write home about here.”
The caveat in this month’s report is that data from Florida — typically one of the 28 early-reporting states — are not included for the first time in recent memory.
“We’re not sure why, but that data was incomplete,” Kloppe said.
SSI removed Florida sales from 2017 so the comparisons were apples-to-apples, Kloppe said.
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