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Art and auctions

State of the art market: US remains No. 1 for transactions as global sales drop 4pc to $65B amid slowdown

March 13, 2024

The Palm Court Feb. 7, 2023 at the Miami Design District with a Giorgio Armani-sponsored sculpture project in honor of Art Basel Miami The Palm Court Feb. 7, 2023 at the Miami Design District with a Giorgio Armani-sponsored sculpture project in honor of Art Basel Miami

 

The global art market has once again shown its resilience in the face of high interest rates, inflation and political instability.

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