Report: PWC sales rise 6.8 percent in May

A research note provided to Powersports Business by Wells Fargo Securities analyst Tim Conder reports another strong month of new PWC sales in May.

Conder notes that according to Statistical Surveys, Inc., preliminary industry retail data (27 early reporting states), shows PWC sales rose by 6.8 percent during May. PWC sales grew 15 percent during May 2017.

The top five boating retail states during May (compared to May 2017) were Michigan (6.1 percent increase), Minnesota (1 percent decrease), Florida (13.1 percent decrease), Texas (12.2 percent increase) and North Carolina (14.8 percent increase).

Conder notes: “PWC accelerating. April retail updated to +0.9% vs. original +2.7% with additional reporting states.”

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