Returning to the Water: Marine Industry Group Touts 10 Percent Increase in Powerboat Sales in 2012

Buyers Show More Confidence Heading into Key East Coast Boat Shows

Miami Boat Show

Miami Boat Show

National Marine Manufacturers Association

The National Marine Manufacturers Association announced today that new-powerboat sales increased an estimated 10 percent in 2012. The organization also stated that additional increases this year could amount to 5 to 10 percent. Growth will depend on continued improvement in consumer confidence and in the housing market.

The NMMA reports that this is the first year since the beginning of the recession that the industry has seen healthy growth across the powerboat market. However, smaller boats — under 27 feet — are leading the charge. The organization also attributes this resurgence to a trend toward more Americans participating in outdoor activities.

On both accounts, I’m elated. Boating and fishing create lifetime memories and offer participants hours of stress relief from long, hectic days at a desk. More adults seeking outdoor recreation also translates to more children enjoying the water too. And that’s hopeful news for the future.

The NMMA's announcement comes on the eve of this week's New York Boat Show and just six weeks from the opening of the Miami International Boat Show. If you're one of those potential boat buyers who has been waiting for better economic news, perhaps the time has come. If you want to start daydreaming, check out our 2012 Miami show coverage and some tips for improving the buying experience.