Bank of America’s Drew Watson Shares Key Findings from the US Art Market Report

In this week's episode of the ArtTactic Podcast, host Adam Green speaks with Drew Watson, Managing Director and Head of Art Services at Bank of America, about the first-ever US Art Market Report produced in collaboration with ArtTactic. Together, they unpack how the report uniquely combines auction data with proprietary collector spending insights to offer a more complete picture of the art market. Drew explains why US auction sales surged 23.1% in 2025 despite broader perceptions of a downturn, and how both narratives can coexist. The conversation also explores New York’s growing dominance, now accounting for nearly 70% of global auction sales, as well as the remarkable outperformance of women artists over the past decade. Finally, they look ahead to 2026, discussing the economic signals, from interest rates to wealth creation, that could shape the next phase of the art market.