Art market confidence rebounds after sharp drop in October 2011, but remains 31% below June 2011 level

ArtTactic's Market Confidence Surveys provide in-depth analysis of market confidence based on data gathered from ArtTactic's network of industry professionals and tastemakers. The surveys also include unique analytic tools including a risk and speculation barometer, as well as short/long term confidence indicators for specific artists from the region

The ArtTactic US & European Contemporary Art Market Confidence Indicator recovers after a sharp drop in the interim poll conducted in October 2011. The Confidence Indicator has increased from 33 in October 2011 to 51 in the last survey, but remains 31% below the last official reading in June 2011.