Interior Design Billings and Inquiries Indexes
Irregular Trends Throughout December
Business conditions continue to be steady for design firms in December with both billings (52.3) and inquiries (56.8) still scoring over 50, indicating growth. Looking across the nation, firms located in the Midwest region reported accelerated growth while billing in the South increased in December but slowed compared to early fall. Business conditions remained weak for firms in the Northeast and West as indexes dipped below 50, which may be attributed to some of the slower pace of housing demand in recent months. However, the six-month business conditions index score of 72.3 for December suggests continued expansion.
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