After hitting rock bottom in 2009 and 2010, the sale of new boats and gear in Missouri has made a stunning recovery, riding a wave of purchases that likely set a record for new-boat sales in the state last year.
New-boat sales dropped below $200 million in Missouri during the depth of the recession, but hit a record $339 million last year, according to data from Chicago-based National Marine Manufacturers Association.
That’s a 9 percent jump in Missouri sales in one year and represents 5,900 new boats in the state, according to NMMA.
Missouri is representative of what’s happening nationwide, according to Thom Dammrich, president of the National Marine Manufacturers Association.
According to NMMA, the sale of new boats, marine products and services reached $36 billion nationwide in 2016, an increase of 3.2 percent from 2015. There were approximately 247,800 new powerboats sold in 2016, up 6 percent from 2015.
Read more: Springfield News-Leader