Boat manufacturing picks up in May, PWC sales surge
by National Marine Manufacturers Association 19 Jun 2020 21:20 BST
Boat manufacturing picks up in May, PWC sales surge © NMMA
New data from the NMMA shows a pickup in manufacturing activity in May with seasonally adjusted wholesale shipments of outboard engines, PWCs, wake sport boats, and jet boats seeing increases ranging from 19% to 160% compared to April when business productivity was halted due to the pandemic.
Data also shows an unprecedented increase in personal watercraft (PWC) seasonally adjusted sales in May, up 59% compared to April, and up 75% compared to a year ago. These initial findings are an encouraging indicator for new boat sales and boating activity as the summer boating season opens across the country.
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