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.
The National Kitchen & Bath Association is accepting nominations through Sept. 30 for 2022 inductees to the Kitchen and Bath Hall of Fame. Honorees are recognized and celebrated for their significant and enduring contributions to the kitchen and bath industry.
Revised 2021 outlook shows sales up more than 20%.
July 12, 2021
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.
A total of 367 modern residences and penthouse suites feature the newest amenities and creature comforts – and each bathroom is outfitted with Gerber’s WaterSense certified Mid-Town faucets and tub and shower trim.
F.W. Webb Co. announced the appointment of Deanna O'Donnell as vice president of marketing. In this role, she will oversee the alignment of corporate, product and market strategies across the company’s wholesale business and more than 48 Frank Webb Home retail showrooms.
