The National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting (JBREC) released its quarterly Kitchen & Bath Market Index (KBMI) for the second quarter of 2021. With estimates showing an 11% growth in sales for Q2 vs. Q1, the report suggests continued growth in the Kitchen and Bath market, despite ongoing material shortages and rising labor costs.

In its July update to the Kitchen & Bath Market Outlook, the National Kitchen & Bath Association (NKBA) revised its 2021 industry sales projection upward to $170.9 billion, up by a substantial 21.4% from 2020’s $140.8 billion in kitchen and bath spending and nearly 8% higher than the initial estimate for the year.

During a webinar in late May, Dr. Kuehl gave his mid-year economic review, focusing on five key issues distributors should be monitoring: Inflation, consumer behavior, “normal” business, the global economy and market reaction.

ASA Chief Economist Dr. Chris Kuehl is back with his May economic update webinar for ASA members. This time, Dr. Kuehl will provide a mid-year review and take stock of the 2021 economy.

A total of 43% of respondents reported decreasing gross margin percentages for January 2021 vs. January 2020.

ASA Chief Economist Dr. Chris Kuehl returns with his monthly ASA economic update webinar.

ASA Chief Economist Dr. Chris Kuehl is back for his February PHCP-PVF economic update webinar presented by LIXIL.

ASA Chief Economist Dr. Chris Kuehl kicks off 2021 with his first PHCP-PVF economic update webinar where he asks the simple question: What can we realistically expect in the first half of 2021 as far as the economy is concerned?

It’s no secret that 2020 was a year packed with challenges for the PHCP-PVF supply chain. Some areas of our industry, such as the residential construction and remodeling markets have flourished. No matter the market sector, distributors have entered 2021 with high hopes and are searching for answers when it comes the state of the industry.