The latest NKBA/John Burns Kitchen & Bath Market Index (KBMI) release for Q2 was a mixed bag for designers, but overall, the good outweighed the bad with a continuation of the recent strength enjoyed across kitchen and bath.The NKBA/John Burns Kitchen & Bath Market Index (KBMI) is a quarterly gauge of current and future economic conditions within the kitchen & bath industry.
Based on the effects of long lead times and increased costs for materials and products, some homeowners are staying on the sidelines for now, putting their kitchen or bath projects on hold. The KBMI report showed 56% of designers noting postponements/cancellations in Q2, a clear increase over the 45% in Q1.