The American Society of Interior Designers (ASID) has released the fourth quarter Interior Design Billings Index (IDBI).
Overall, business conditions in 2015 were healthy and supportive of the design industry, building on momentum from the previous year. The average IDBI score of 57.2 was identical to its 2014 figure. ASID indices are centered on a score of 50; above 50 indicates expansion and below 50 indicates contraction. In addition, project inquiries scores continue to remain high, with an average of 60.7, slightly below 62.7 posted in 2014. Key drivers to the continued growth across the interior design industry included renewed growth in housing and construction activity.