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Boat Sales Still Up; Registrations Stall

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Boatbuilders and dealers are seemingly in the catbird seat. Demand continues to bludgeon supply, and customers are flocking to boat shows and dealerships, ready to buy whatever vessels are still in stock — or to preorder and wait until next season for a boat.

But with supply-chain constraints continuing to dominate headlines and COVID-19 variants slowing the international flow of goods, there is no discernable path to a return to normalcy.

October’s boat registrations directly reflect the hydra-headed problems manufacturers are facing getting customer-ready products to market. Preliminary numbers from Statistical Surveys, a Michigan firm that tracks new boat registrations, confirm a sixth consecutive month of constricted boat sales.

Click here to see the full report from Jeff Moser in Trade Only Today.

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