UNITED STATES — Marine dealer sentiment declined on a month-to-month basis in July, although the mood based on a three- to five-year outlook brightened, reported Trade Only Today.
The MRAA/Baird Marine Retailer Sentiment Index dropped from 77 in June to 69 in July, and it was down from a reading of 79 in July of last year. The all-time high is 81 for the monthly index, which began in December of 2013.
Baird said the index’s three- to five-year outlook improved sequentially to 76 in July from 69 in June and was modestly higher than a reading of 75 in July of last year.
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