While the boating industry is reporting an upswing in sales year-over-year in March, the rate of growth is slowing down.
According to a report in Boating Industry magazine on the latest Info-Link Bellwether report, Powerboat sales were up just north of 5 percent across all categories, down from a 7 percent increase the year before.
The report stated the “sportfish segment was the strongest for the period, with sales up about 10 percent over the last year, on par with the last several months. The tow boat segment was up about 8 percent for the rolling 12-month period, and PWC sales were up about 7 percent.”
You can read the entire report here.
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