Contemporary Art Market Confidence Report – July 2021
- Analyst: Lindsay Dewar
- Pages: 18
- Access: Analyst Pro
Art market confidence sees highest reading since January 2014.
The latest ArtTactic Confidence Indicator reading has come in at 80.6, up from 44.6 from the last reading in November 2020, signalling a strong positive shift in market sentiment over the last eight months. The reading is the highest since January 2014, and up 89% from the pre-pandemic reading in September 2019.
This report gives you the latest update on what experts think is in store for the coming 6 to 12 months. The report includes both short- and long-term confidence indicators for 79 established and on-the-rise contemporary artists.
About this report:
The ArtTactic Art Market Confidence Indicator was launched in May 2005 and is now in its 34th edition. The survey is modelled on a similar methodology to the CEO confidence Survey that was launched in 1976 by the Conference Board in the US. We believe that the opinions of a small group of select ‘art insiders’; collectors, auction houses, advisors and other art professionals provide a valuable insight into the perception about the current and future state of the art market.
Short-Term On-the-Rise Contemporary Artists Confidence Map July 2021 – What is your perception of the artist’s market in the next 6 months?