The National Kitchen & Bath Association (NKBA) released its annual Market Outlook report. Its goal is to provide a thorough assessment of how various economic and housing market trends are impacting the kitchen and bath industry. The report provides a gauge of the current market size and a forecast for the entire year.
National Kitchen & Bath Association states a further 4.8% growth is projected for 2019, bringing the residential construction market to $716 billion.
Studio 41 has 12 showrooms in the Chicago metropolitan area — three of which are Kohler Signature showrooms.
While both inflation and mortgage rate increases have impacted the segment, the overall annual forecast still represents a double-digit increase over 2021.
The American Supply Association officially incorporated in December 1969 with the merger of two regional associations, the Central Supply Association (CSA) and the American Institute of Supply Associations (AI).
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