Industry Analysis & Industry Trends
The Interior Designers industry has been anything but rosy over the past five years; nevertheless, the industry managed to grow marginally over the period. However, the industry will experience rosier conditions over the five years to 2019. The housing market is expected to improve strongly, yielding growth for residential interior designers as existing home sales and housing starts make up ground over the five-year period. Meanwhile, high corporate profit will enable companies to expand and remodel, leading to improved nonresidential construction and greater demand for commercial interior designers... purchase to read more
Industry Report - Industry Investment Chapter
The Interior Designers industry has a low level of capital intensity. In 2014, for every $1.00 spent on labor, industry operators typically invested just $0.02 in capital improvements. This is slightly lower than capital investments compared with 2009. Capital expenditure is primarily focused on purchasing computer programs to help design interior spaces. However, the industry is primarily knowledge-based, as industry operators use specialized professional skills and creativity to provide clients with innovative designs. Larger companies in the industry that also provide architectural and other design services will typically have a higher capital intensity given the need for technical programs.
Labor costs account for 22.5% of the industry's revenue... purchase to read more