Skip to main content
Add as a preferred source on Google

Design Industry Remains Positive About Near Term Outlook

  • 09/02/15

Washington, D.C. – The American Society of Interior Designers (ASID) released the Second Quarter Interior Design Billings Index (IDBI) on August 26, 2015. The June IDBI value of 57.1 indicated that billings remain essentially unchanged from their 1st Quarter score of 57.7 in March. The June New Product Inquiry rate of 58.3 was slightly down from the March value of 58.8. While unexpected, the lower reading may reflect some payback from the strong May readings. However, the index has remained above 50 – the baseline score indicating growth – for 12 consecutive months.

Across the board, all firm sizes showed improvement and all sectors, except for education, reported increased IDBI scores, suggesting a market-wide increase in billings for the second quarter.

Business conditions vary across regions
The South and Midwest regions have reported IDBI scores greater than 55 since February, indicating a sustained growth in billings. Northeast firms rose above 50 in both May and June, while firms in the West fell from a May IDBI of 68 to a June score of 50.

Construction spending continues to surge
Construction spending rose 0.8 percent in May – a much stronger rise than the analyst’s consensus for an increase of 0.4 percent. Overall, construction spending in May was the highest since October 2008.

Six month outlook – stronger business conditions expected
The six-month business conditions index score of 74 fat the end of the 2nd quarter remains essentially unchanged from the 1st quarter score of 73 and slightly better than the 2014 fourth quarter score of 69.9. The consistency of these scores suggests ongoing, continued expansion for the design industry.

“For the most part, the construction and housing sectors are reporting significant improvement in the second quarter,” said Jack Kleinhenz, ASID economist. “The design industry has aptly bobbed and weaved through varied business conditions and has responded with steady improvement in payrolls and revenues. Looking forward, the design industry remains positive about the near term outlook.”

Download the full Second Quarter ASID Interior Design Billings Index Report.

Featured

  • Academy of Classical Education Breaks Ground in Louisiana

    Charter Schools USA (CSUSA) recently announced the groundbreaking of a new public charter school in Covington, La., according to a news release. The Academy of Classical Education at Covington will enroll students in grades K–8 and is scheduled for completion in August 2026, just in time for the new school year.

  • Arizona District Breaks Ground on Community Training, Learning Center

    The Tolleson Union High School District (TUHSD) in Tolleson, Ariz., recently broke ground on a new Training & Learning Center (TLC) for both district professionals and the community at large, according to a news release. The 90,000-square-foot facility has an estimated completion date of spring 2027.

  • University of Arizona Approves New Residence Hall

    The Arizona Board of Regents recently approved plans for a new residence hall at the University of Arizona in Tucson, Ariz., according to a news release. The new facility is scheduled to open in fall 2028 and have the capacity for more than 1,200 students, enforcing a new university expectation that all first-year students live on campus.

  • From Approval to Opening: Inside Travis Unified School District’s Fast Tracked Campus Expansion

    The Travis Unified School District (TUSD) in northern California includes several elementary and high schools serving over 5,400 students. In 2024, the TUSD Board approved the addition of sixth grade to the Golden West Middle School campus for the 2025–26 school year, setting in motion an accelerated effort to bring new facilities online in less than a year.