Index records highest scores since inception in both current activity and future outlook.
By Robert Isler
The first quarterly 2021 release of the NKBA/John Burns Kitchen & Bath Market Index (KBMI) shattered records by healthy margins, pointing to an industry on fire. The overall K&B score registered 79.8, deep within growth territory since anything above 50 on the 100-point scale indicates expansion. It’s a substantial improvement over the fourth quarter 2020 score of 65, which was considered quite good at the time, and a full 10 points ahead of the 69.8 registered in the fourth quarter of 2019, when momentum was considered very strong.
For more on this robust report, visit NKBA Insights.
