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headlines SEGMENT UPDATES

Industry Segments – Staying Informed News and headlines from across the industry. By Annette Gray

DECORATIVE PLUM- BING & HARDWARE

Live Installation on the Show Floor

DeCorative Plumbing & Hardware Bathroom installation featuring TOTO products created by NKBA Arizona Chapter President Annette Denham

BUILDER/REMODELER Remodeling Gains Expected for 2011

Following a three-year downturn, a sustainable recovery for the remodeling industry is expected in 2011, according to the Leading Indicator of Remodeling Activity (LIRA) released this month, by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA projects annual growth in home improvement spending of 6.5% in the third quarter of 2011. “Favorable interest rates, a pickup in home sales, and the strengthening economy should lead to healthy gains in remodeling spending this year,” says Eric S. Belsky, managing director of the Joint Center. “After an initial burst in activity, the recovery may lose some steam later in the year as continuing problems with weak house prices and large numbers of distressed properties keep home improvement gains in check,” says Kermit Baker, director of the Remodeling Futures Program at the Joint Center. “But the overall trend is for continued growth in 2011.”

DEALER Confidence Index Measures Kitchen and Bath Industry

The Wall Street Journal online, according to an article posted February 2, 2011 that cited NKBA Chief Executive Officer Don Sciolaro conducted research measuring the confidence level of kitchen and bath dealers. According to the article, out of 150 dealers polled nationwide, more than 70% expected an increase in showroom visits and sales volume from kitchen and bath remodels. This latest reading comes in at 37, a 23-point spike from the inaugural fourth quarter index, with the quarterly index ranging from –60 as quite pessimistic to +60 as extremely optimistic. 86

NKBA MAGAZINE–SPRING 2011 | NKBA.org

Coverings tile and stone trade show, held March 2011 in Las Vegas was the venue where NKBA Arizona Chapter President Annette Denham had the opportunity to participate in the Installation Design Showcase where leading installers and designers partnered to convey the importance of each role and highlight various design aesthetics in tile and stone. Denham, along with other designers such as HGTV’s Design on a Dime, Ali Azhar showed their skill and creativity live on the show floor, and worked over the course of the show to create and install a bathroom space. From inception to completion, participants remained on hand to discuss their projects.

DESIGNER

Jenn-Air Enlists Industry Leaders for Inaugural Design Advisory Council Jenn-Air has enlisted the expertise of NKBA professionals to be part of an ongoing forum of experts asked to provide commentary on kitchen and design industry topics, including trends and feedback on new product designs. Members of the new council will offer guidance on improving and standardizing product specifications across the entire Jenn-Air line, as well as other Whirlpool Corporation brands, meeting several times throughout the year to develop design ideas on everything from prototypes and marketing initiatives to customer service. The following members of the new council include ten NKBA members from around the country. Morton Block, CMKBD Karla Krengel Susan Broderick, CKD, CBD Judith Neary, CMKBD Mary Jo Camp, CKD, CBD Gary Paul Ellen Cheever, CMKBD Mary Jo Peterson, CKD, CBD, CAPS, CAASH

Julia Johnston Terry Smith Roberta Kravette, AKBD Billy Williams

NKBA Magazine Spring 2011  

The KBIS Issue, NKBA Design Competition Winners Revealed

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