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Design Industry Remains on Solid Footing

from ASID

Overall, the design industry’s third quarter ASID Interior Design Billings Index (IDBI) results show steady and positive improvement from that of the second quarter. Billings by design firms ticked up slightly in September compared to June’s IDBI score of 57.1. Based on the IDBI three-month moving average, billings have been in positive territory since the third quarter of 2011, and September’s score indicates positive revenue growth. A score above 50 indicates expansion, while a score below 50 indicates contraction. The September new project inquiry index score of 62.8 is also up from the June score of 58.3 and has shown a series of steady positive scores since late 2011. Review the complete IDBI quarterly report. more

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