Economy
South Florida, which has been dubbed ‘Wall Street South’, lures—but does not mint—collectors
The state’s finance surge has paid only modest dividends to the art trade
Art Cologne faces economic gloom and a tough market ahead of VAT reduction
While a long-awaited cut to value-added tax this January has been welcomed, Germany’s contracting economy has “scared” a number of gallerists, says director of world’s longest-running art fair
Special report: Funding cuts and weak economy send UK’s visual arts into crisis
From regional galleries becoming “unsustainable” to brutal cuts to funding of museums, galleries and arts and humanities education, the sector is in an increasingly perilous state
Amid property boom and influx of Russian cash, Art Dubai grows in size and scope—again
Dealers at the fair are hopeful for good sales, despite the prospect of a global recession
How online buyers of luxury collectibles reshaped auctions in an economic slump
Turnover is increasing at a time of global turmoil—and it is mostly down to growing digital sales and new tastes among the 1%
Art Basel in Miami Beach sales report: dealers brace for gloomier times ahead
The fair saw healthy sales, particularly at the market’s top end, but many galleries are wary of a downturn
For US collectors buying in London, the dollar’s strength may be their only advantage
While the relative weakness of the pound this season has given Americans at Frieze more buying power, many other factors may prevent them from making major purchases
Creative workers accounted for nearly one quarter of California’s economy in 2020, report finds
The latest edition of the annual Otis College Report on the Creative Economy makes the point that even as California’s arts sector bounces back, long-term support is needed to ensure it truly thrives
Frieze returns to safe haven of painting amid threat of recession and political instability
Traditional medium is back in fashion amid looming Brexit
Global recession looms—but there's a new twist
Burgeoning private museums offer cause for hope among economic uncertainty and geopolitical turbulence
Experienced art dealers advise on how to survive during a time of economic confusion
Survival hints (just in case)