Contemporary Art Market Confidence Report – September 2019
- Analyst:
- Pages: 16
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KEY FINDINGS
The ArtTactic Confidence Indicator for Post-War & Contemporary has seen a 29% decrease since the previous reading in May 2019. Economic Indicator component of the ArtTactic Confidence Index dropped by 40% relative to May 2019 levels. Fall in confidence comes on the back of increasing economic and political uncertainty facing the US, UK and China, the world’s three largest art markets.
The emerging artist rank is led by Dana Schutz, whereas the established contemporary artist rank is topped by William Kentridge.
About this report:
The ArtTactic Art Market Confidence Indicator was launched in May 2005 and is now in its 31st 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.
Who is it for?
This report is popular among dealers, auction houses, art advisors and collectors, who want to get an in-depth understanding of both established and emerging contemporary artists.
Top 5 Short-term artist Confidence Indicator – Established Artists:
William Kentridge
On Kawara
George Condo
Anish Kapoor
Marlene Dumas
Top 5 Short-term artist Confidence Indicator – Emerging Artists:
Dana Schutz
Njideka Akunyili Crosby
Lynette Yiadom-Boakye
Julie Mehretu
Harold Ancart
ArtTactic offers bespoke reports on Post-War & Contemporary artists. For further information and a quote please contact Anders Petterson on info@arttactic.com.
ANALYTICAL TOOLS:
OVERALL CONTEMPORARY ART MARKET CONFIDENCE INDICATOR
PRICE SEGMENT CONFIDENCE
RISK & SPECULATION BAROMETER
ESTABLISHED ARTISTS CONFIDENCE RANKING
EMERGING ARTISTS CONFIDENCE RANKING
ARTIST CONFIDENCE MAPS
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