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ASID Interior Design Billings Index (IDBI) - May 2020

While business conditions are still in contraction territory, the seeds of a recovery for interior design firms may be evident according to this month’s Interior Design Billings Index (IDBI) survey produced by ASID. The overall index rose to 43.5 in May from 18.9 in April, which suggests a bottoming out has occurred (any score above 50 represents growth and below 50 represents contraction in billings). Although the IDBI’s three-month moving average remained virtually unchanged at 30.0, optimism about future work was evident as the Inquires index rebounded almost 23 points in May to 46.3.