Business Jet Sales and Boat Sales Trend Report

Today we continue our series where we’re analyzing trends in boat sales compared to other industries. In this post, we will share an analysis of the data comparing business jet sales and boat sales.

We used data on new business jets registrations from the Federal Aviation Administration, using a 3-month moving average since 2008:

Although the two graphs have visible correlations, especially from 2013-2016, the high/low points of the twp graphs do not match. Because it is a less volatile market, business jets’ reaction to economic cycles lags compared to the boat market.

Meanwhile, similar to the S&P 500 Index and the New Homes Sales, the trend lines of the two graphs go in the same direction, suggesting that there are similarities in customers’ behavior in both markets.