Report Price: $1995
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The NKBA/John Burns Kitchen & Bath Market Index (KBMI) is a quarterly gauge of current and future economic conditions within the kitchen & bath industry. A total of 464 NKBA members in design, building & construction, manufacturing and retail sales were surveyed. Results are compared with each of the previous four quarters. Along with various economic variables, the report ranks industry challenges and concerns. As COVID-19 continues to have a major impact on K&B, shifts and changes for each industry segment are also covered.
K&B Market Index has strengthened for a third consecutive quarter, nearing levels not seen since Q4 2019.
Key Takeaways
- The overall index registered its second consecutive quarterly expansion with a rating of 65 vs. 61.9 in Q3.
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Current conditions also continued to show growth, improving to 59.8 from 56.5 the previous quarter.
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Q4 2020 sales increased by 4% over the previous quarter.
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Optimism about future business is growing and stands at a solid 72.7 vs. 66.9 and 61.9 for the previous two quarters.
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Supply chain disruptions and material cost increases continue to plague the industry.
Additional Topics Covered
- Five quarters of trend data for current and future industry conditions.
- Deep dives into growth opportunities and challenges for each of the four K&B segments.
- Sales momentum by segment.
- The pandemic’s effects on demand, price-points, project sizes, and more.
- Member feedback on topics such as supply chain constraints, labor shortages, and remodeling plan changes.