Impact of Coronavirus on Kitchen and Bath Industry Eases in Q2

The second quarter Kitchen & Bath Market Index shows declining demand and industry revenues but significantly improving optimism regarding future business conditions and overall industry health.

After a first quarter where optimism and market outlook were significantly impacted by the early stages of the coronavirus (COVID-19) pandemic, the Q2 2020 Kitchen & Bath Market Index (KBMI) shows more positive market outlooks for industry professionals amid declining revenues and sales. The National Kitchen & Bath Association (NKBA) KBMI revealed kitchen and bath professionals rated the current health of the industry as 5.9 out of 10, up significantly from the 4.1 rating for the first quarter.