US & European Art Market Confidence Survey- July 2013
|Report Type||Confidence Survey|
The overall US & European Contemporary Art Market Confidence Indicator came in at 70.3 up from 59.4, an increase of 18% since January 2013. The reading is the highest reading since June 2011, and signals a reversal of the negative trend that started in the autumn of 2011. Another notable trend is the higher Confidence in the middle-market as buyers seek value in lower price segments.
The report includes Confidence Analysis by price segment, as well as short- and long-term confidence readings on more than 90 Post-war and Contemporary artists. This is a unique barometer for the current contemporary art market sentiment.