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The National Kitchen & Bath Association and John Burns Real Estate Consulting released their Q2 2020 Kitchen & Bath Market Index (KBMI). The survey of NKBA members in manufacturing, building/construction, design and retail reveals the current health of the industry is rated at 5.9 (on a scale of zero to 10, with zero being poor, five being “normal†and 10 being excellent), up significantly from last quarter’s 4.1. The industry outlook proves even more promising, with future business conditions rated at a 61.9 (on a scale of zero to 100, where 0 is extremely weak and 10 is extremely strong, compared to Q1’s 19.8.
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