2nd Quarter Sales Data show improvement

New and used boat sales by dealers showed significant signs of growth for the first time in years during the second quarter of 2012, according to the latest report from the University of Washington Sea Grant program.

New boats sold by dealers were up by 154 units (+19.8 percent) and $1.6M (+5.1 percent) in value during the second quarter compared to the same period in 2011. The used boats sold by dealers category also saw increases, with units up 126 (+14.8 percent) and in dollars as well up $2.5M (+11 percent). The only category of boat sales that experienced a substantial drop during the period was the Used Dealer Import (used boats sold by an out-of-state dealer to a Washington resident) down 30 units (-10.8 percent), indicating that Washington-based boat dealers and brokers are faring better against non-Washington competition.

A complete report of the 2nd quarter sales data, including a breakdown of length, new and used, hull type and more is online in the Members Only section of the NMTA website and www.NMTA.net/MembersOnly.