I am assuming it use to go faster without this issue vs a new set-up. Sounds like you are cavitating. Check the foot grates, make sure they are all straight and clear of any debris. Check your wear liner to impeller gap. Adjust shims if out of spec. If deep gouges in liner, consider replacing. Sharpen impeller. All "how to" can be found on OutBoardJets
Can also be caused by damage or protrusions on/near the centerline of the boat.
PS: Welcome to TinBoats!
I think that is a maximum number, ie if it exceeds, move a shim. With a new liner and impeller, I’d expect a tighter gap. I don’t know what the minimum should be, though. The closer to that minimum, the better the performance.Thanks for the info. changed the impeller and and liner. Set the clearence to .032 will double check to make sure its correcxt..