NKBA/John Burns Kitchen & Bath Market Index (KBMI) – Q4 2020

K&B Market Index has Strengthened for a Third Consecutive Quarter, Nearing Levels not Seen Since Q4 2019

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.

Key Takeaways
The overall index registered its second consecutive quarterly expansion with a rating of 65 vs. 61.9 in Q3.
Current conditions also continued to show growth, improving to 59.8 from 56.5 the previous quarter.
Q4 2020 sales increased by 4% over the previous quarter.
Optimism about future business is growing and stands at a solid 72.7 vs. 66.9 and 61.9 for the previous two quarters.
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.