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Business, Economy

“Boat sales took off… now dealers can’t keep up with demand”

“Boat sales skyrocketed last year… as more Americans turned to the lifestyle amid more flexible work environments that allowed people to spend extra time enjoying the outdoors. Sales of boats, marine products and services across the country leaped to a 13-year high in 2020 to $47 billion, increasing 9% from the prior year, according to the National Marine Manufacturers Association

Sales of new powerboats in the U.S. increased by about 12% last year to more than 310,000 compared with 2019, the marine association said. Among the categories of boats consumers bought, freshwater fishing boats and pontoons boats were extremely popular, accounting for half of last year’s powerboat sales. Sales of new wake boats, used for wakeboarding and wake surfing, were up 20% to 13,000 units in 2020, the association reported…”

https://www.cnbc.com/2021/03/19/boat-sales-took-off-during-pandemic-dealers-cant-keep-up-with-demand.html

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