U.S. and world market data on size of the fine arts market (i.e.,
paintings, prints, sculptures, etc.) with market growth trends. 
Define market both in terms of (i) total estimated value of fine art
in the market and (ii) the revenue volume of fine art traded
year-to-year.

<Global revenue.

The global art economy generated $23.5 billion in 2001 (Source: Krusin & Company).
http://www.georgetown.edu/faculty/irvinem/CCTP738/economic-map.html

According to the European Fine Art Foundation, global art market sales
were Euro 26.7 billion in 2001.
http://www.artnet.com/Magazine/news/artnetnews/artnetnews3-11-02.asp

According to Hislop?s Art Sales Index, the international art auction
market shrank by 10 per cent from £1.63 billion to £1.45 billion in
the 12-month period that ended in August 2003. In the US auction
turnover was down by 11.7 per cent.
http://www.telegraph.co.uk/arts/main.jhtml?xml=/arts/2003/10/20/bawb20.xml&sSheet=/arts/2003/10/20/ixartrig

US
In 2001, the U.S. owned 47 percent of the global art market which
translated to $11 billion in sales. Auction houses accounted for about
$6 billion and art dealers for $5 billion.
http://artscenecal.com/ArticlesFile/Archive/Articles2003/Articles0603/MCutajar0603.html

According to a Unity Marketing study retail sales of art were $29
billion in 2002, 14% up on 2000. The luxury end of the market accounts
for one-fourth of the total art market ($7.2 billion).
http://www.unitymarketingonline.com/reports2/art/pr1.html

Auction sales in the American art market generated $1.3 billion in the
first half of 2004. This is a 49% increase on last year.
http://web.artprice.com/AMI/AMI.aspx?id=ODQ4ODY2Mzg5MjI1ODk=

According to Kusin & Co, in 1998, the total value of US sales was Euro 5.5 billion.
http://www.artworlddealers.com/survey.htm

Sotheby?s said it expects the art market's recovery to continue and is
encouraged by the number of consignments it has already received for
the fall auction season. However, the company warned that second-half
auction sales won't reach the level of the first half of the year. Art
auctions traditionally slow down in the July-December stretch.
http://www.smartmoney.com/onedaywonder/index.cfm?story=20040809


Total art market.
According to a report about the US art insurance industry, the
potential of the current art market is $17 billion although it could
be endless.
http://www.museum-security.org/preventing-art-attacks.htm>


<Search strategy:>

<"art market"  billion>
<://www.google.com/search?q=%22art+market%22++billion&hl=en&lr=&ie=UTF-8&start=10&sa=N>

<"art price index">
<://www.google.com/search?sourceid=navclient&ie=UTF-8&q=%22art+price+index%22>

<"fine art" market billion>
<://www.google.com/search?hl=en&lr=&ie=UTF-8&q=%22fine+art%22+market+billion>


<Hope this helps.>