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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 October 2005 Radio One, Reach Media launching urban talk-radio network 10-31-05 MTV Networks names Billy Dexter as chief diversity officer 10-31-05 URBT in discussions with Nielsen for national audience measurement 10-28-05 Lifetime channels to air programming in tribute to Rosa Parks 10-28-05 Jack Klues named Publicis Media chair, Renetta McCann to Starcom global CEO 10-27-05 Premiere Radio names Dennis Brownlee vice president/managing director 10-27-05 'Girlfriends' makes its four weeks in a row as the No. 1 show 10-26-05 Essence looks to festival attendees as source for more subscribers 10-26-05 Rosa Parks, a civil right legend, dies at the age of 92 in Detroit 10-25-05 BET marks 25th anniversary with star-studded extravaganza 10-25-05 Campbell-Ewald re-enlists GlobalHue for work on Navy account 10-25-05 NAMIC announces new officers for 2006 board of directors 10-25-05 Florida county launches pilot project to win back black tourists 10-24-05 Earl Graves, Jr. is named to the board of Magazine Publishers of America 10-21-05 Wal-Mart created $25 mil equity fund for minority, women-owned businesses 10-19-05 Matlock Advertising relocates to historic downtown Atlanta office building 10-21-05 'Vibe' and 'Ebony' push black magazines well ahead of industry's Sept. averages 10-19-06 Veteran PD Kathy Brown promoted to FM Manager for Radio One, DC 10-18-05 Reebok signs rising tennis star Scoville Jenkins to multiyear deal 10-18-05 Access.1 to buy seven radio stations in Pennsylvania, bringing total to 29 10-18-05 Camillia Ware named Director of Media Services for UniWorld Group 10-17-05 MPA to award grants, fellowships to boost diversity among magazines 10-17-05 New TV One series 'Sharp Talk with Al Sharpton' premieres Oct. 28 10-14-05 ABSOLUT selects Axis Agency, LAGRANT Communications as AOR 10-14-05 'Girlfriends' top UPN's three-way tie with itself for top show of the week 10-13-05 Clear Channel fires two following internal review 10-13-05 African American Medical Network to market info with church health fairs 10-12-05 BlackAmericaWeb backs Black Wealth Network's tuition savings plan 10-12-05 Study reveals that African-Americans do more media multi-tasking than general market 10-11-05 AOL study shows blacks outpace general market in Internet use 10-10-05 Burrell teams Cee-Lo with Toyota for Corolla spots 10-10-05 Sony's 'The Gospel' earns $8 million at opening weekend box office 10-10-05 BET Books being sold to leading romance novel publisher Harlequin 10-7-05 Singer, producer Wyclef Jean signs with HBO for comedy series 10-6-05 "Girlfriends" beats up on "Chris" to reclaim the No. 1 spot on the top ten 10-5-05 UPN orders a full season of episodes for "Everybody Hates Chris" 10-6-05 TV One's total audience approaching 23 million households 10-5-05 "Heart & Soul" magazine returns with Yanick Rice-Lamb at editorial helm 10-5-05 Safeway chain appoints James D. White SVP of corporate brands 10-4-05 Armstrong Williams case may factor into hearings on Supreme Court 10-4-05 Report shows how TV, Internet play different roles with black consumers 10-4-09 BET launches new season with first ever TV series from Damon Dash 10-3-05 Radio One kicks off year-long celebration of its 25th anniversary 10-3-05 ___________________________ Access our news archives by month: May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 Access our news archives 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	NEW! 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 ORDER THE WORKBOOK NOW! The sixth annual event examining the latest trends, findings and practices in marketing to African-American consumers Presentations from: America Online Arbitron Inc. Burrell Carol H. Williams Advertising E. Morris Communications Ethnic Print Media Group GlobalHue Hunter-Miller Group Images USA Nia Online NSights Worldwide LLC On Wheels Inc. R.J. Dale Advertising & P.R. Target Market News U.S. Census Bureau ...and more!