After two consecutive quarters of contraction, ratings for each of four key industry metrics show improvement, including current and future conditions. The year’s third quarterly release of the NKBA/John Burns Kitchen & Bath Market Index (KBMI) saw a continuation, and in some cases an acceleration, of the positive trends seen in Q2. Despite clear industry strength across a number of metrics and good headwinds, it’s likely premature to break out the Champagne, given the recent nationwide spike in COVID-19 cases and an economy that is still unsettled.
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