Kitchen & Bath Market Index Reaches Record High in Q1
The Kitchen & Bath Market Index (KBMI), produced jointly by the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting, jumped 14.8 points from Q4 2020 to 79.8 in the first quarter. Any score above 50 indicates sales growth. The index measuring current conditions was 78.0, up 18.2 points from Q4. The indicator measuring future conditions rose 9.7 points from the previous quarter to 82.4.
The Q1 2021 report is based on findings from 524 NKBA members across four primary industry segments: design, building and construction, retail sales and manufacturing. See NKBA