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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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12th Annual Edition Available
Latest 'Buying Power' report shows black consumers spending more on home life

As the American economy continues to move sluggishly, African-American households are curtailing their spending in many categories, including food, clothing and basic household items, while investing more in home repair, home entertainment and consumer electronics. Although they are trimming back, black consumers are still spending more than their white counterparts on most of these products.

According to the newest edition of “The Buying Power of Black America” report, African-American households are tightening their belts when it comes to dining out, expanding their wardrobes, and leisure activities out of the home. At the same time, they are increasing their spending on home repairs and remodeling, audio and...
Story and statistics continued

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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 2006 Pushed by clients, law firms step up diversity efforts 7-31-06 Study finds that African-Americans are more bullish than affluent investors 7-31-06 Target, other retailers with low reciprocity scores now on NAACP's hit list 7-24-06 Warner, Film Life partner on DVD line under American Black Film Festival label 7-29-06 Burrell's Ferguson: Marketers should focus on African-Americans online 7-27-06 WWE Entertainment wrestles No. 1 spot on cable chart away from BET 7-27-06 Black viewers step away from 'Think You Can Dance' to old favorites 7-26-06 XM Satellite names Nate Davis president and chief operating officer 7-25-06 Vin Diesel, BET Networks to produce new animated series 'Hannibal the Conqueror' 7-24-06 BET tops cable chart again, thanks to 'Beauty & the Beast' reality combo 7-21-06 Study looks at habits of African-American students as consumers 7-21-06 'Without A Trace' takes top spot, All-Star game puts baseball on the chart 7-20-06 E. Morris Communications sweeps 27th annual Telly Awards with seven honors 7-20-06 Chicago area publisher Dorothy Leavell elected chair of NNPA Foundation 7-18-06 Wisconsin visitors’ bureaus team up to attract more minority tourists 7-18-06 Macy’s North taps Burrell Engagement Marketing for corporate relations effort 7-17-06 Arbitron/Scarborough Study: Black consumers’ economic growth continues 7-17-06 Bob Johnson, Weinsteins form film studio to target black audiences 7-14-06 BET Awards' afterglow gives it number one cable favorite spot for second week 7-13-06 'So You Think You Can Dance' gains audience during holiday week 7-12-06 Study: Satellite companies better at selling to blacks, Hispanics than cable firms 7-11-06 Beauty products study from Essence provides new data on black women 7-11-06 Wicks Group, a private equity firm, closes on acquisition of Vibe magazine 7-11-06 Following exit of Radio One’s COO, Barry Mayo to serve as consultant 7-10-06 African TV Network adds Comcast outlets in Baltimore and Washington 7-10-06 Johnson Publishing Co. names Bryan Monroe Ebony/Jet VP, editorial director 7-7-06 Summer viewing habits returns old favorites to black households' top ten 7-7-06 IMAGES USA hires Barbara C. Williams to be agency's account supervisor 7-7-06 UniWorld Group puts an urban focus on Ford’s Fusion and F-150 campaigns 7-5-06 First recipients of the MAAX Awards to be honored in Chicago tomorrow 7-5-06 Vibe magazine is sold to Black Book owner, Len Burnett to remain publisher 7-3-06 BET Awards drew largest black audience ever for a cable telecast 7-3-06 ___________________________ Access our news archives by month: 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! ___________________________________________________________________________________________ 12th Annual Edition Available Latest 'Buying Power' report shows black consumers spending more on home life As the American economy continues to move sluggishly, African-American households are curtailing their spending in many categories, including food, clothing and basic household items, while investing more in home repair, home entertainment and consumer electronics. Although they are trimming back, black consumers are still spending more than their white counterparts on most of these products. According to the newest edition of “The Buying Power of Black America” report, African-American households are tightening their belts when it comes to dining out, expanding their wardrobes, and leisure activities out of the home. At the same time, they are increasing their spending on home repairs and remodeling, audio and... Story and statistics continued _________________________ SUBSCRIBE TODAY! The trade publication for in-depth coverage of Black Consumer Marketing and Media news