Report Price: $1995
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The NKBA/John Burns Kitchen & Bath Market Index (KBMI) is a quarterly gauge of current and future market conditions within the kitchen and bath industry. Over 850 members participated – the largest response rate ever – from our four primary industry segments, including Design, Building and Construction, Manufacturing, and Retail. Results are compared with the previous four quarters to determine industry direction. The report delves into the latest shifts within the marketplace and includes valuable insights into both the challenges and opportunities faced by each segment. It also provides a window into the current mindset of homeowners considering a remodel.
Overall industry strength bounced back to a solid 82.1, near its all-time high.
Key Takeaways
- Overall industry strength bounced back to a solid 82.1, near its all-time high.
- Anticipated future activity also registered a strong uptick to 76.6 from Q3’s 70.6.
- Homeowners continue to opt for higher quality materials and products, wishing to design their homes for the long haul.
- Project costs continue to be an issue, with more homeowners staying on the sidelines, at least for now, until prices stabilize.
Additional Topics Covered
- Tackling sourcing challenges
- Customer reliance on ecommerce
- Regional data breaks
- Maintaining margins
- Backlog updates