Cabinet Sales Increase +1.7% in October 2011
RESTON, VA . . . According to participating members in the Kitchen Cabinet Manufacturers Association monthly Trend of Business Survey cabinet sales for October 2011 increased +1.7 percent compared to sales for October 2010. Stock cabinet sales increased by +1.6 percent; semi-custom sales increased +1.9 percent and custom sales increased by +0.9 percent.
The year-to-date sales show a decrease of -1.8 percent with stock sales down -3.8 percent, semi-custom sales up +0.2 percent, and custom sales down -2.7 percent.
Survey participants include stock, semi-custom and custom companies whose combined sales represent slightly less than 70 percent of the U.S. cabinet market. KCMA is the major trade association for manufacturers of kitchen cabinets and bath vanities, and suppliers of goods and services to the industry. All major U.S. cabinet manufacturing companies belong to KCMA. Fifty-seven percent of KCMA cabinet manufacturer members report sales under $10 million annually.