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Interior design billings weak in quarter

from American Society of Interior Designers

Results of the ASID Interior Design Business Performance survey for the third quarter of 2011 signaled business conditions for the interior design industry were similar to the broader U.S. economy: sub-par economic growth. The ASID Interior Design Billings Index fell to its lowest point in July (45.1), then recovered in August (48.6) and increased slightly in September (48.2). But it has yet to re-enter positive territory (above 50.0). On a positive note, the Inquiries Index was up nearly 10 points over August (55.1 vs. 45.8) indicating a possible uptick in the fourth quarter, possibly seasonal. more

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