Washington, D.C. (June 15, 2015) | The Interior Design 2015/16 Outlook and State of the Industry report, produced by the American Society of Interior Designers (ASID) Research, forecasts continued positive growth for the interior design industry, with several indicators suggesting that design has fully recovered from the recession of 2008. The number of designers and design firms is near or ahead of 2007 figures, and the dollar value of sales and product specified is at record levels. Billings and inquiries are up with positive expectations into next year, and that translates into a hot job market as firms of all sizes and design specialties intend to hire new employees. In addition, as the industry grows, it also evolves with six macro-trends identified for 2015/16: Health & Well-Being, Technology, Sustainability, Urbanization, Globalization, and Resiliency.
“Designers are now expected to solve increasingly complex problems—designing office spaces that encourage health and well-being, integrating multiple generations in one home, minimizing the environmental footprint of a new hotel, or creating retail spaces that utilize the latest technology in an effort to maximize profits,” said Randy Fiser, ASID CEO. “To meet this growing demand, providing proper education, training, and tools is critical. Our goal as a Society is to share that knowledge through ongoing research and education.”
In developing the Industry Outlook, ASID analyzed data from both public and private sources, surveying more than 200 practicing interior designers and convening the first ever ASID Think Tank Challenge. Comprised of six thought-leaders from cutting-edge firms and a variety of disciplines, the think tank was tasked with confirming the validity of the six defined macro-trends. Each macro-trend was also analyzed into its own set of sub-trends. Some of the sub-trends are described as highly transformative, such as higher sustainability standards, while others are described as fast-moving, like designing for healthy behaviors. “Our objective is to help our members understand the trends, analyze what they mean for their projects and business, and push the boundaries of interior design,” said Fiser.
Complimentary copies of the Interior Design 2015-2016 Outlook and State of the Industry report are available to members of the media. To receive a digital copy, contact Jen Brough at jbrough@whitegood.com.
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About the ASID Interior Design 2015/2016 Outlook and State of the Industry report
The Interior Design 2015/16 Outlook and State of the Industry report was produced by ASID Research, under the leadership of Vice President, Research and Knowledge Management, David Krantz. The data and information compiled in this report are drawn from a variety of both public and private sources, including the U.S. Bureau of Labor and Statistics. Additional information is extracted from the ASID Interior Design Billings Index which is compiled monthly from an ASID survey of 300 geographically diverse firms that primarily offer interior design services, or offer interior design services as part of architectural, engineering, and other related practices. Resulting perspectives on current and future business conditions for the interior design industry are helpful indicators of changes in the direction of economic activity. The ASID indices are centered on a score of 50 (above 50 indicates expansion and below 50 contraction).
About ASID Research
ASID Research provides the design industry with regular data, studies, and reports offering insight and analysis on the state of the industry and practice. Established to educate the design industry on the status of its health and the impact of design on the way we work, live, and play, ASID Research offers quantitative and qualitative knowledge of the industry. Our goal is to provide observations, vision, and compilations that inspire and inform. Outcomes include the monthly ASID Interior Design Billings Index (IDBI), the Interior Design 2015/16 Outlook and State of the Industry report, third-party collaborations, and educational grants.
About ASID
The American Society of Interior Designers believes that design transforms lives. ASID serves the full range of the interior design profession and practice through the Society’s programs, networks, and advocacy. We thrive on the strength of cross-functional and interdisciplinary relationships among designers of all specialties, including workplace, healthcare, retail and hospitality, education, institutional, and residential. We lead interior designers in shared conversations around topics that matter: from evidence-based and human-centric design to social responsibility, well-being, and sustainability. We showcase the impact of design on the human experience and the value interior designers provide.
ASID was founded 40 years ago when two organizations became one, but its legacy dates back to the early 1930s. As we celebrate nearly 85 years of industry leadership, we are leading the future of interior design, continuing to integrate the advantages of local connections with national reach, of small firms with big, and of the places we live with the places we work, play, and heal. Learn more at asid.org.