October Report: Economic Pressures Contribute to Market Slowdown
NMMA’s Recreational Boating Industry Monthly Data Summary for October 2024 is now available to download. The monthly summaries include performance indicators on wholesale and retail sales of new powerboats and outboard engines, economic metrics, and interactive graphs illustrating historical trends—making them a powerful tool to inform strategic decisions and keep industry stakeholders up to date on the economic trends shaping consumer demand.
Most of the economic indicators in the October report, which includes data through July, remain in the ‘caution’ category, indicating the industry should keep a close watch on their potential impacts. However, inflation was down month-over-month and interest rates continued to decrease.
NMMA’s Recreational Boating Industry Monthly Data Report is free to members and makes accessing current data and insights from NMMA’s Business Intelligence easier than ever. Associate members will receive an exclusive opportunity to access the reports at no cost through Dec. 31, 2024. Beginning Jan. 1, 2025 associate members will be able to purchase an annual subscription for $1,800.
Bookmark www.nmma.org/statistics/publications/statistical-abstract for direct and easy access.
Visit www.nmma.org/statistics or contact [email protected] for more information.