The American Society of Interior Designers (ASID) announced the release of the 2025 Economic Outlook Report sponsored by Sherwin-Williams.
This report delves into the current state of the economy, equipping interior designers and the industry across all sectors with a strategic analysis of how today’s uncertain economic environment is reshaping demand for interior design services.
New additions to this year’s report
- Expanded coverage of tariffs and trade-related inflation and their impact on materials and product pricing.
- Insights into stalled infrastructure and healthcare construction due to shifting federal policy.
- Analysis of employment and wage trends specific to interior designers, offering guidance for workforce planning.
- Spotlight on growth sectors such as build-to-rent housing, adaptive reuse, and senior living.
Key takeaways
- Construction labor shortages remain widespread, with immigration restrictions expected to further tighten the labor market.
- Office vacancy rates are improving modestly as more organizations implement return-to-office policies, but new construction remains limited. Renovation and office-to-residential conversions offer new potential for interior designers.
- Federal funding for healthcare construction is on hold, leaving state and local governments to fill gaps—resulting in slower growth and fewer short-term design opportunities in this sector.
- High home prices and interest rates continue to dampen demand for single-family housing, but build-to-rent and senior living communities are seeing increased development activity.