Boat Sales Buoyed as Americans Downsize Fleets: EcoPulse
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More Americans took to the water in new boats this summer, often buying smaller, less expensive models, as the industry is showing signs of a recovery.
Purchases of powerboats -- which include yachts, pontoons and fishing vessels -- rose 18.9 percent in July from a year earlier, according to figures from Statistical Surveys Inc., a research company based in Grand Rapids, Michigan. Even with mild summer weather and a cold winter, year-to-date sales are up 3.1 percent, the data show.