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ASID Interior Design Billings Index (IDBI) - January 2021

January 2021 ASID Interior Design Billings Index (IDBI): 2021 Starts on a High Note for Interior Design Business

  • Billings index* climbed up to 60.4, the highest since March 2019 (61.8) – substantially higher than 2020 business performance growth overall
  • Inquiries index* shows continued growth, but to a lesser degree – index dropped 8.3 points to 56.0
  • Three-month moving averages for billings (55.0) and inquiries (56.8) are both showing positive signs for interior design business performance; inquiries have been growing for the seventh consecutive month
  • Interior design businesses are expecting continued developments as the six-month outlook index* demonstrates a very positive view for future growth at 64.5, the highest since April 2019 (66.4)
  • When asked about their current level of concern related to the impact of COVID-19 on your business, the average fell to 3.22, the lowest value since the question’s inception back in March 2020 (1- No concern/Business as usual to 5 - High concern/Anxiety from disruption and unknown)

*Note: Any score above 50 represents expansion (i.e., growth) and below 50 represents contraction (i.e., decline).