Dealers and Brokers Adjust to a New Normal After Record-Breaking Boat Sales
When the pandemic caught the world by surprise, many Americans decided to take refuge on the water, leading to a surge in boat sales. In fact, 2020 and 2021 yielded 800,000 first-time boat buyers. That was good news for the industry as a whole, from boating manufacturers to retailers to marinas, as the recreational boating industry supports more than 690,000 jobs, according to the National Marine Manufacturer’s Association. But a boating market report by Boats Group, issued in February, reported