Auction Legacy News & Press Releases
The National Auctioneers Association (NAA), the nation’s leading association of auction professionals, reported the results of its 2008 industry survey. In 2008, approximately $268.4 billion in goods and services were sold at auction in the United States, a decrease of slightly less than 1% compared to 2007.
Growth in 2008 was limited to five sectors of the industry: agricultural machinery and equipment, commercial and industrial machinery and equipment, land and agricultural real estate, residential real estate, and charity auctions. Significant decreases in gross revenue were reported in art, antiques and collectibles (-9.3%), automobile (-5.4%), and personal property (-5.1%) auctions.
This proves now then ever when looking for a benefit auctioneer, charity auctioneer, or art auctioneer you need hire a professional who can make the best of your event.