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We're still standing. In fact, business has really picked up and it seems to be so across the country. Is this just a fluke or a real indicator of an economic turn around? I looked to ASID's official publication, ICON magazine, for confirmation. Here's news we can welcome.
After several years of contraction that began with the onset of the Great Recession in 2008, the interior design industry is beginning to show signs of recovery. Compared to 2010, the number of practicing designers is up, business for many designers is up, and industry is again actively courting designers to get their business. There are some bright spots on the horizon for interior designers, especially the resurging housing market. Following 14 months of positive readings, The ASID Inquiry Index of 54.4 in December implies that a greater percentage of ASID respondents expect to experience growth in the coming months.
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| Other key indicators also give designers reason to hope that business will continue to improve in 2013. While fluctuating somewhat, the housing market continues to show signs of recovery, with brisk sales of new and existing homes in some areas of the country in January and February. All this housing activity has been good for the design industry. According to the Joint Center for Housing Studies at Harvard University, which produces the Leading Indicator of Remodeling Activity (LIRA), robust spending in the second half of 2012 suggests the remodeling recovery is already underway, and the LIRA projects annual homeowner improvement spending will see accelerating double-digit growth through the third quarter of 2013. |
| We're still standing. While other rug providers have fallen by the wayside, Resource Partners has stood like a beacon exclusively to the Interior Design trade. Resource Partners is uniquely positioned to be the only rug resource your Interior Design firm will ever need. If you haven't registered already, simply click "Register" on our home page and take a minute to sign up. There is no cost to register, and there is no order requirement. Resource Partners does verify that all our registrants are professional Interior Designers. Once we confirm your status, we will send you your password to login. Once registered, you have the key to our showroom, and you are free to browse all of our products, sizes and our "to-the-trade only" pricing. Login today and discover the Resource Partners difference. |