The National Kitchen & Bath Association (NKBA) released its Market Outlook report showing the remodeling industry is largely recovering from its Q1 COVID-19-induced dip. According to the report, the percentage of homeowners actively working on remodeling projects increased significantly, from 19% in Q1 to 36% in Q2.
Incoming ASA President Tim Milford gives his candid take on the industry and the importance of the national trade association he will lead starting in January.
The weekly survey reports that the impact of the coronavirus on members’ businesses is more or less steady, while more say demand is increasing.
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