What economic factors make this particular holiday season potentially strong for art sales?

Current economic data shows consumer purchases are way up and looking strong, which suggests this year could be a really solid holiday sales period—potentially way higher than previous years. When the overall economy is strong and consumer spending is robust, it creates favorable conditions for art sales. Of course, this can vary year to year, but when broader economic indicators are positive, it means more people have discretionary income to spend on art and gifts, making it an especially important time to be prepared and actively marketing.

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Asked by general audience · Answered by Patrick Shanahan · art-marketing-podcast · 2019-08-13