Target Market News - Story Archive July 2007

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Looking for hard-to-find information on the African-American consumer market? Now you can easily search the contents of the leading source for information on African-American marketing and media. Scan our entire Web site for news, research and information using Google-powered keyword searches. Hundreds of articles, stories and report findings can be accessed for free. Click here to try it now!

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13th Annual Edition Available
Report: Black consumers increase spending on lifestyle “necessities”

(March 3, 2007) Thanks to economic gains in the past two years, black households across the U.S., especially middle-class families, are increasing their purchases of lifestyle and leisure items. Products such as cell phone service, travel, restaurant meals and entertainment and leisure increased significantly in 2005.

With home ownership growing and unemployment down, African-American consumers are increasing expenditures on goods and services that are lifestyle-oriented. According to the newest edition of “The Buying Power of Black America,” there are indications that black households are feeling more confident about making purchases that...
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Departments Advertising & PR News Marketing News TV & Cable News Radio News Magazine News Newspaper News Internet News Retailing News Consumer Research Expenditure Data People in the News Industry News Company Bios and Background Register Here STAY IN-THE-KNOW! Are you getting the latest industry news when it happens via e-mail? Click here for free delivery of the Target Market News Bulletin You'll receive news of breaking stories, exclusives, updates and headlines on the latest developments in African American marketing and media Black Stats Frequently requested data on African American consumers Black Buying Power: $656 Billion (2003) Black U.S. Population: 38.3 million Top Five Black Cities - New York - Chicago - Detroit - Philadelphia - Houston Top Five Black Metros: - New York-New Jersey - Washington-Baltimore - Chicago-Gary - Los Angeles - Philadelphia Top Five Expenditures: - Housing 145.2 bil. - Food 56.5 bil. - Cars/Trucks 32.6 bil. - Clothing 23.0 bil. - Health Care 18.0 bil. Click here for more stats from "The Buying Power of Black America." ______________________ Get quick access to key U.S. Census Bureau Data Click here to go to African-American Census Bureau data _____________________ Copyright `© 2005 by Target Market News Inc.` All rights reserved Business address: 228 S. Wabash Ave. Suite 210 Chicago, IL 60604 t. 312-408-1881 f. 312-408-1867 info@targetmarketnews.com	STORY ARCHIVE July 2007 Nike to pay 400 Chicago employees $7.6 million to settle discrimination suit 7-31-07 Allianz hosting free 'Multicultural University' for insurance professionals 7-31-07 Syndication One News/Talk Network to Broadcast on XM Satellite Radio 7-3-07 Critics say that BET’s ‘We Got to Do Better’ still hasn't for the cable network 7-30-07 Ford, Our Stories Films begin marketing agreement with “Who’s Your Caddy?” 7-27-07 Oprah discusses money, responsibility and her critics on BET’s ‘Meet The Faith’ 7-27-07 ‘House of Payne’ and Disney repeat their performance of previous week 7-26-07 Media Audit study shows African Americans more engaged with media 7-26-07 Vibe Vixen magazine to return to being published only as a special issue 7-25-07 'CSI' takes the week’s top two spots; CBS and Fox tie for leading network 7-25-07 BET decides on a name change for upcoming series 'Hot Ghetto Mess' 7-24-07 Three new members named to Census African American Advisory Committee 7-24-07 TV One to launch new talk show series starring Michael Baisden in October 7-23-07 Survey: Rate of blacks in local broadcast news rising faster than other groups 7-23-07 Paul Weeks, first Times reporter to cover L.A. black community, dies at 86 7-23-07 BET names Scott Mills President, COO 7-20-07 The Steve Harvey Show hits milestone of 50 radio stations with Chicago's WGCI 7-20-07 AOL names Tiane Mitchell Gordon as SVP Diversity and Inclusion 7-19-07 ‘Payne’ returns to cable’s top spot; Disney is the week’s No.1 network 7-19-07 ‘Singing Bee’ gives NBC the chart’s No.1 spot; Fox wins the network race 7-18-07 BET eyes launch of new broadband or VOD channels for next year 7-18-07 BET’s Reginald Hudlin defends upcoming program, 'Hot Ghetto Mess' 7-17-07 TV One’s theatrical reality competition series set to debut July 22nd 7-17-07 Study: Many blacks boycott sponsors when offended by programming 7-16-07 EEOC, Walgreens reach $20 million settlement in discrimination case 7-16-07 Keith Clinkscales to head ESPN Original Productions in division restructuring 7-16-07 BET to introduce Internet video channels in UK featuring original content 7-13-07 Indianapolis Recorder purchases four-year-old local business magazine 7-13-07 Starcom elevates Esther Franklin to EVP, Director of Cultural Identities 7-12-07 ‘Charm School’ takes No.1 show; ‘Payne’ specials make TBS top network 7-12-07 Black newspaper publishers challenge Microsoft for fair share of ad dollars 7-11-07 ‘CSI: Miami’ tops CBS’ win for week’s top show and leading network 7-11-07 BET’s controversial new series sees defections by some advertisers 7-10-07 French division of L'Oreal found guilty in racial discrimination case 7-10-07 Charles Tisdale, publisher of the Jackson (Miss.) Advocate, dies at 80 7-9-07 Honey Magazine debuts website providing content for diverse audience 7-9-07 Philadelphia Tribune wins big at 67th Annual NNPA Merit Awards 7-4-07 ___________________________ Access our news archives by month: January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 ___________________________ Access our news archives by subject: Advertising & PR News Marketing News TV & Cable News Radio News Magazine News Newspaper News Internet News Retailing News Consumer Research News People in the News Industry News Go to Target Market News homepage	Search the entire contents of the Target Market News Web site! Looking for hard-to-find information on the African-American consumer market? Now you can easily search the contents of the leading source for information on African-American marketing and media. Scan our entire Web site for news, research and information using Google-powered keyword searches. Hundreds of articles, stories and report findings can be accessed for free. Click here to try it now! ___________________________________________________________________________________________ 13th Annual Edition Available Report: Black consumers increase spending on lifestyle “necessities” (March 3, 2007) Thanks to economic gains in the past two years, black households across the U.S., especially middle-class families, are increasing their purchases of lifestyle and leisure items. Products such as cell phone service, travel, restaurant meals and entertainment and leisure increased significantly in 2005. With home ownership growing and unemployment down, African-American consumers are increasing expenditures on goods and services that are lifestyle-oriented. According to the newest edition of “The Buying Power of Black America,” there are indications that black households are feeling more confident about making purchases that... Story continued... Click here to order The Buying Power of Black America report _________________________ SUBSCRIBE TODAY! The trade publication for in-depth coverage of Black Consumer Marketing and Media news