AIGA released its latest quarterly report measuring industry leaders’ confidence in the state of the design business, and while the Design Confidence Index is down slightly from April, it still shows a pretty rosy outlook. Here’s the full Design Confidence Index from AIGA. A snippet:
Design leaders expressed cautious optimism in the most recent assessment of the design economy conducted by AIGA, the professional association for design. The Design Leaders Confidence Index for the second quarter of 2010 stands at 96.13—lower than the past three quarters, yet comparable to where the index stood before the overall economic recession. After a significant drop of confidence beginning in July 2007, confidence rose to 103.73 just one quarter ago, in April 2010. The current reading is still quite positive; its drop is not inconsistent with either the general understanding of business conditions—which are adjusting to expectations of sustained unemployment and companies holding a record level of cash on hand rather than investing it—or other indices.