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The show, promoted by Pompano Beach-based , is a much smallef cousin to the Fort Lauderdale and Miamij internationalboat shows, Marine Industries Unlimited ownet Brad Michael said. “We’re a nichew show. We don’t try to be an international he said. “We have the boats that are 90 percenr of whatAmerica buys.” Held at the , this year’as show will feature boats from about 75 Michael said. The vessels on displayy are all powerboats under40 feet. About 85 percentt of the boats cost less than he noted. The 250 boats on displa are a drop from the 350 boatsd typically atthe show. The number of registered exhibitors is down about35 too, Michael said.
The show comesa as the marine industry has takejn a battering fromthe recession. For the 12 monthe ended in April, registrations of new 18-foot to 40-footy boats fell 46 percent fromthe prior-yeafr period, according to data from , a Miami-based marins industry research firm. “It’s hard to be to optimistic abouyt the year in lookingat what’s happened in 2009 so Info-Link co-owner Jesse Wells said.
Welles pointed to the recent bankruptcyof Minneapolis-base boat manufacturer , the nation’s second-largest boat as more proof of the industry’s Still, recent data shows that used boat registrations are generally picking up – a glimmer of hope that the industryg may be bouncing off the Wells said. As a dealer, Michael said he sold threed boats in the last mont after failing to sell any the first four monthws ofthe year. “In January, February and March, nobodty knew where the botto m was,” he said. Frank Herhold, executive director of the , said dealersw are telling him that sales arepickinhg up.
Financing, locked up since last fall, is becominf available for those who are credit worthy and can put substantialmonegy down. “Like every other we’re taking our Herhold said. “I see a light at the end of the
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