The American Society of Interior Designers (ASID) is sharing the top trends from its upcoming 2024 Economic Outlook Report, an analysis of the current state of the economy, including its impact on interior design business. The report highlights economic indicators, shifts, and progression as they apply to interior design.
“ASID’s economic research empowers all members of the design community as they navigate the current landscape of their business,” said Khoi Vo, chief executive officer, ASID. “ASID serves designers, educators, researchers, firms, manufacturers, sales consultants, and more, and we are proud to consistently provide the necessary tools to prepare members for shifts and trends in the economy. This research by the ASID research team provides designers with insight on the influence of the economy across all sectors of the design profession and the greater industry of the built environment.”
The 2024 Economic Outlook report is compiled by ASID to provide interior designers key economic data and predictions to navigate their business and the industry through the year. The report looks at how the economy has changed over the course of the year and what changes are expected for the year ahead.
More top highlights include insights on the economy’s effect on retail, senior housing, single and multi-family construction, and monetary policy predictions for 2024 and beyond. The top highlights can be accessed on the ASID website, and the full report will be made available later this month on the research section of the ASID website.