Survey remains upbeat; reveals slight divide between building product and kitchen/bath buyers
May 16, 2012 – York, PA | WOLF, the largest supplier of kitchen cabinets in the U.S. and a leading provider of building products in 19 states along the East Coast, today reported the findings of the WOLF Key Buyer Index (KBI) for May.
The April KBI score of 69.6 reveals a positive outlook, though less bullish than the March KBI of 79.8.
The April survey found slightly more optimism among building product buyers than kitchen and bath buyers. The KBI among building products buyers was 74.5, while the KBI among kitchen and bath buyers was 64.0.
WOLF gathers data for the KBI from a monthly survey of key buyers at independent building materials dealers across 18 states, asking whether purchasing will increase, stay the same, or decrease. A WOLF KBI score of 50 reflects a neutral outlook; a score above 50 reflects a positive outlook; and a score below 50 reflects a negative outlook.
WOLF developed KBI, a proprietary metric that offers a monthly snapshot of independent dealers’ sentiments, to provide a concrete measure of how building materials buyers see the near-term future of their industry.
WOLF’s roots stretch back to 1843, when company founder Adam Wolf opened a single store selling dry goods and lumber on the banks of the Susquehanna River. Today, the York, Pa.-based company formerly known as Wolf Distributing Company has evolved into WOLF, a nearly $200 million distributor of kitchen and bath cabinetry and building materials to 18 East Coast states. For more information, visit www.wolfleader.com.