The American Society of Interior Designers (ASID) has released its second quarter Interior Design Billings Index (IDBI).
The June IDBI value of 57.1 indicated that billings remain essentially unchanged from their first 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.