November Report: Indicators Show Mixed Economic Picture
NMMA’s Recreational Boating Industry Monthly Data Summary for November 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 economic indicators remain in the ‘caution’ category, including the Consumer Confidence Index, which indicates many consumers remain cautious when looking to make larger purchases. Additionally, borrowing costs are still relatively high, making financing larger purchases, like boats, less attractive to some consumers.
NMMA’s Recreational Boating Industry Monthly Data Report is free to members and makes accessing current data and insights from NMMA easier than ever. Associate members receive an exclusive opportunity to access the reports at no cost through December 31, 2024. Beginning January 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.