Industry Analysis & Industry Trends
Strokes of genius
Online art sales will continue to grow steadily as consumers increasingly use the internet to bid on art auctions. A low trade-weighted index (the measure of the US dollar against foreign currencies) will to boost demand through an increase in overseas art sales. Proposed changes in taxes could hurt the industry as it has managed to skirt many taxes over the last five years.... purchase to read more
Industry Report - Industry Locations Chapter
This industry's establishments are spread around the United States in line with the distribution of the population. The majority of players in this industry have businesses in the Southeast, West and the Mid-Atlantic: 22.2%, 21.7% and 20.1%, respectively. These regions have the highest share of populations in the United States; in aggregate, they represent 57.9% of the population. In addition, the Southeast, West and the Mid-Atlantic regions employ the highest number of workers and provide the highest wages. California houses the most businesses, 14.0% of all states, in line with it having the largest US population share of 12.1%. Notably, New York is the center for art dealers, and holds the Sotheby's and Christie's auction houses. New... purchase to read more