Will 2012 be as good as 2011?
ArtTactic's Global Art Market Outlook report examines the current trends within the United States & 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.
The confidence in the US & European contemporary art market has rebounded after a sharp drop in October 2011. However, the ArtTactic Art Market Confidence Indicator is currently 31% below the reading in June 2011, indicating that the market is divided in its opinion about the short-term future of the contemporary art market.