Economy

Based on 2016 Chamber of Commerce Report (HERE)

Nashville is booming.  It has seen job growth outpace population growth, enjoys a real estate market second to none, with luxury housing at a fraction of the price of other markets, thereby affording high income earners a larger proportion of disposable income.  Nashville has done quite well by the leadership of city and civic leaders, as it continues to grow in its major business sectors of health care, professional sports, music, finance and tech.

•63 percent of Downtown Residents make $100,000 - Up 16% from 2014. (SOURCE)

•47.1% of the Nashville Population is between the ages 30 and 64 – an ideal cohort for the average art collector.

•Real estate data for Nashville trends indicate an increase of $12,400 (5%) in median home sales of the past year.

•Average price per square foot rose from $160 to $177 in the past year.

Location

Saying nothing else of Nashville’s many charms, early autumn draws thousands to Nashville and its environs to enjoy perfect weather and dramatic fall foliage.  In choosing October 17-21, 2018 we see an excellent opportunity in the art fair calendar and will attract regulars in the art fair circuit.  Art Nashville will be precisely situated between Expo Chicago, Frieze London and Texas Contemporary.

BUSINESS CLIMATE

Major industries in Nashville include: Health Care Management, Automobile Production, Finance, Higher Education, Insurance, Music Production, Printing & Publishing, Technology Manufacturing, and Tourism. 

Industry breakdown:

Education & Health Services = 23.3%

Trade, Transportation & Utilities = 19.6%

Professional & Business Services = 11.1%

Leisure & Hospitality = 10.7%

Government = 10.0%

Manufacturing = 8.1%

Financial Activities 7.2%

Construction 6.4%

Information 3.6%