Art Market Outlook 2011
|Report Type||Market Report|
US & European art market economic outlook positive in 2011
ArtTactic’s Global Art Market Outlook report examines the current trends within the United States and Europe as well as the rest of the top art markets. There is a snapshot of the overall art market barometer and an individual breakdown of the welfare and performance of each region. This report includes auction analysis and the expectations for the year ahead.
Despite a mid-year wobble in 2010, the US & European contemporary art market ended the autumn season with a series of confident sales in New York totalling $554 million, which quelled some of the worries about a possible ‘double-dip’ scenario.