All segments of the Marine industry were strong in the May-June period. People were eager to get back out on the water, whether with close friends and family or solo.
Boats in all price ranges had a nice May June seasonal rebound. Year-over-year, outboards were up 3.8%, stern drives were up 3.9%, and inboards were up a very healthy 8.8%. Personal watercraft were up 4.3% year over year.
With dealership operations getting back to normal and demand healthy, the summer months look better than predicted. The economy has major challenges to work through, and we’re somewhat concerned about conditions in the fall. However, if layoffs in the mid high income segments remain under control in the 3rd quarter, the Marine industry will be well positioned to benefit from changes in recreational habits.
|150,000 - 300,000|
|60,000 - 149,999|
|25,000 - 30,000|
|10,000 - 24,999|
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