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ITR Economics boat production forecast improves
November 12th, 2020
In the latest Forecast on U.S. Boat Building Production from ITR Economics, growth in boat building production is expected to be constrained through 2020 and into the first quarter of 2021, turn up in mid-2021, and hold steady through 2023, according to reporting by the National Marine Manufacturers Association (NMMA). The latest ITR forecast for […]
Boat building increased in June
August 20th, 2020
According to the National Marine Manufacturers Association’s (NMMA) June Monthly Shipment Report, wholesale boat shipments increased for the second consecutive month in June, up 60 percent compared to May, as boat building activity ratcheted back up following lockdown restrictions during the early days of the pandemic response. Compared to June 2019, wholesale shipments are down […]
US boat building production forecast shows slight dip
August 20th, 2019
In the latest Forecast on U.S. Boat Building Production from ITR Economics, growth in boat building production is expected to decline slightly throughout 2020 and rebound strongly in 2021. According to ITR's forecast, at its lowest (summer 2020), production is expected to be on par with levels seen in spring 2019. The strong rebound in […]