Number Crunch The COVID-19 pandemic has significantly impacted industry prospects for the year ahead. NKBA Research stepped in with the Updated 2020 Kitchen & Bath Market Outlook to account for the impact of COVID-19 to: + Revise the annual forecast + Reevaluate consumer attitudes toward remodeling and spending + Identify business patterns and trends. Access this valuable data to make key strategic decisions for the health of your business in the year ahead. The 2020 Kitchen & Bath Market Outlook is now available - visit store.nkba.org to purchase this valuable research. NKBA members are entitled to a complimentary copy of this report. $130.8 Billion Revised 2020 Kitchen and Bath Market Outlook $58.2 Billion Revised 2020 Kitchen and Bath Remodeling Expenditures 31% of Americans say the pandemic has changed the way they use or think about their kitchen or bath. 64% of Homeowners use cash from savings to fi nance a kitchen or bath remodeling project. 25_KBB_0720_NKBA.indd 1 7/14/20 12:57 PMhttp://store.nkba.org http://store.nkba.org