ASID releases the Interior Billings Index 4th Quarter Report

ASID

 

ASID has released its Interior Design Billings Index 4th Quarter 2017 Report. The report provides insight on the current business conditions for the interior design industry, including:

 • A rundown and analysis of the market segments and geographic regions that enjoyed a positive fourth quarter, 2017
• A look at the key indices from the report and what they suggest for the design industry over the next six months
• An evaluation of how interior design practitioners interpret the economic climate
Some highlights include:
  • An increasing number of respondents reported a pull back in business conditions since mid-2017.
  • Fourth quarter demand for interior design services varied across the four size cohorts.
  • Billings growth varies across regions for interior design services.
  • Business conditions for the year were positive for residential design services, but commercial and institutional design services struggled.
  • Six-Month Outlook: Stronger Business Conditions Expected.
  • Labor Market Continues to Expand.
  • Construction Spending Showing Strong Gains.

The full report may be downloaded here, and a recording of ASID’s Feb. 20 webinar can be accessed here.

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