Interior Design Billings and Inquiries Index
The May 2014 ASID Interior Design Billings Index (IDBI) showed increased revenue growth for the first quarter of 2014.
The recent slowing of the U.S. economy earlier this year has not impaired the design sector. May’s ASID index shows continued strength in design activity. Both the billings and inquiries indexes are at their highest levels since late 2010. The May ASID IDBI of 65.9 is up sharply from 56 in April reflecting growing revenues. The uptick is evident in residential and public construction spending and paralleled April’s Census release on construction spending. All regions showed growth. The near-term outlook is for steady gains.
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