ASID projects future growth for interior design services
The American Society of Interior Designers (ASID) has published its latest monthly Interior Design Billings Index (IDBI) report, finding that the demand for interior design services is poised to grow considerably over coming months as businesses and institutions undertake additional interior retrofit projects as they move toward re-opening. The report, published via the ASID website, finds that "while business conditions are still in contraction territory, the seeds of a recovery for interior design firms may be evident." Previously on Archinect: "Architecture Billings Index: meager demand for design services continues."The survey, like the American Institute of Architect's Architecture Billings Index (ABI), gauges new project inquiries, contract executions, and overall demand, and is measured using a similar scoring system whereby a score above 50 indicates a growth in demand. The survey for the month of May has a score of 43.5, up from 18.9 in April. The figure, according to ASID...
The American Society of Interior Designers (ASID) has published its latest monthly Interior Design Billings Index (IDBI) report, finding that the demand for interior design services is poised to grow considerably over coming months as businesses and institutions undertake additional interior retrofit projects as they move toward re-opening.
The report, published via the ASID website, finds that "while business conditions are still in contraction territory, the seeds of a recovery for interior design firms may be evident."
The survey, like the American Institute of Architect's Architecture Billings Index (ABI), gauges new project inquiries, contract executions, and overall demand, and is measured using a similar scoring system whereby a score above 50 indicates a growth in demand. The survey for the month of May has a score of 43.5, up from 18.9 in April. The figure, according to ASID...
