ASID 2020 Outlook and State of Interior Design: Economic Outlook

Get a critical update on the impact of COVID-19 on the economy and the interior design profession.

The interior design profession and industry, like others, is impacted by the economy. Interior designers benefit from having knowledge on the economy and business, especially when making business decisions in their practice. With the recent COVID-19 pandemic disrupting the economy, now is a key time for interior designers to understand the economy, its impact on the industry, profession, and practice and factors to consider when making decisions. Presented by Bernard M. Markstein, Ph.D., Randy Fiser, Hon. FASID, and Susan Chung, Ph.D.

This is a recording of a webinar presented on March 18, 2020. In addition to the recording, we have provided an Executive Summary of the webinar content with answers to the many questions that came up during the live event.

Learning outcomes:
  • Become familiar with the Economic Outlook section of the ASID 2020 Outlook and State of Interior Design report with noted changes/updates
  • Gain insight into the impact of COVID-19 on the economy and what to expect moving forward
  • Understand the impact of current economic changes on the interior design profession
  • Identify considerations for interior designers to take as the economy continues to be disrupted
Related resource:

Continuing Education Units: Not eligible for continuing education credit/CEUs.

Randy W. Fiser, Hon. FASID (Moderator)

CEO, ASID

Randy W. Fiser leads the American Society of Interior Designers (ASID) as chief executive officer, overseeing the strategic planning, financial management, and national operations for the Society’s more than 25,000 members who work across all sectors of residential and commercial interior design. He leads the network of 46 ASID chapters throughout the United States and Canada to advance the profession and to communicate the impact of interior design to enhance the human experience and to transform lives. Dedicated to advancing community and economic development, Fiser brings to his role a unique point of view about the capacity of design to make a positive impact on human health, well-being, and productivity.

Bernard M. Markstein, Ph.D.

Chief Economist, Markstein Advisors

Bernard M. Markstein, Ph.D., is president and chief economist with Markstein Advisors, an economic consulting company providing analysis and forecasts of the national economy and construction activity. Dr. Markstein’s experience includes analysis and research in residential and nonresidential construction, housing, real estate, financial markets, macroeconomic issues, and regional markets.

Susan Chung, Ph.D.

Director of Research and Knowledge Management, ASID

Susan Chung, Ph.D., focuses on the impact of design research. She connects design with research to improve human experiences in the interior environment, translates research into applicable design implications, and conducts research projects that create meaningful positive impacts. She comes from an interior design background, holding a BA from Michigan State University and an MID from the University of Florida. She integrated interior design with behavioral research for her doctorate degree in Human Behavior and Design at Cornell University, with a focus on design attributes related to creativity in workplace environments.

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ASID 2020 Outlook and State of Interior Design: Economic Outlook Webinar Recording
Open to view video.
Open to view video. View the recording of a live webinar presented on March 18, 2020, featuring Randy Fiser, Hon. FASID, Bernie Markstein, Ph.D., and Susan Chung, Ph.D. The recording is 59 minutes long.
Economic Outlook Webinar Summary
Open to download resource.
Open to download resource. This document is a summary of the Economic Outlook webinar and is intended to provide a brief overview of the content, with time stamps by topic, to help navigate through the recording.