As the recreational boating industry faces shifting economic tides, understanding the sentiments of its leaders has never been more critical. NMMA recently launched the Marine Leadership Barometer, a ... learn more
Mixed Economic Environment Reflected in Early-Year Boat Sales Data
As economic headwinds continue to shape consumer sentiment, the latest Monthly Recreational Boating Industry Data Summary report analyzes January 2025 data, offering a look at year-over-year trends an... learn more
NMMA Confirms 9% Decline in 2024 New Boat Retail Sales as Industry Navigates Continued Economic Uncertainty
Amid last week's news on tariffs and the subsequent potential economic and industry impacts, NMMA has released its Monthly Recreational Boating Industry Data Summary report, offering a comprehensive a... learn more
Manufacturing PMI Rises for Second Month with Expanded Economic Activity
The Institute for Supply Management® (ISM®) announced yesterday economic activity in the manufacturing sector expanded for the second month in a row in February, to 50.3%, after 26 consecutive months ... learn more
Conference Board: U.S. Consumer Confidence Dropped “Sharply” in February
Last week, The Conference Board announced its Consumer Confidence Index® declined by 7.0 points in February to 98.3 (for reference, 1985=100), the sharpest one-month drop in confidence since August 20... learn more