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ASID Interior Design Billings Index (IDBI) - May 2019

After posting a two-year high in March (61.0), the Interior Design Billing Index (IDBI) declined for the second consecutive month in May. The American Society of Interior Designers (ASID) reported the May IDBI score was at 53.8, down from a score of 55.3 in April. This score reflects a slight deceleration in design services provided by U.S. interior design firms. The industry remains in expansionary territory as any score about 50 indicates an increase in billings. The three-month moving average showed an upswing over the last few months recording an index of 56.7 in May. The new projects inquiry index was 53.3, down from a reading of 64.6 in April, while the three-month moving average held steady at 58.4. This outlook is consistent with our panelist’s six-month outlook score of 53.3.