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 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $679 Billion (2004)

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 110.2 bil.
 - Food 53.8 bil.
 - Cars/Trucks 28.7 bil.
 - Clothing 22.0 bil.
 - Health Care 17.9 bil.

Click here for more stats from "The Buying Power of Black America."
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Bureau Data

Click here to go to African-American Census Bureau data

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Starcom MediaVest launches SMG Multicultural to be led by Monica Gadsby

(March 8, 2007) Starcom MediaVest Group announced the formation of a new unit tasked with oversight of multicultural communication throughout the SMG network. SMG Multicultural will be responsible for guiding innovation in SMG's product, driving total holistic integration across platforms and demographics.

With SMG Multicultural comes the simultaneous launch of Forty Two Degrees at MediaVest (MV42), the newest multicultural agency in the network. MV42 will be based in New York to work in close alignment with MediaVest, focusing consumer programs on Hispanic, African American, Asian and emerging market strategies.

SMG Multicultural will be led by Monica Gadsby, a 20-year veteran in multicultural media and trailblazer in the space. As CEO of SMG Multicultural, Gadsby is at the helm of the country's leading multicultural division, which will be comprised of three separate agencies, including a special division of GM Planworks, a newly named New York office, and multicultural agency Tapestry.

“With SMG Multicultural serving as a new focal point in our network, we’re setting the bar higher in establishing important benchmarks for the advertising and media community, while continuing to drive innnovation and captivation with our work,” said Laura Desmond, CEO, SMG the Americas.

"The growth and launch of our agencies is indicative of the incredible growth in the space," said Gadsby. "In particular, the formation of Forty Two Degrees at MediaVest is a product of SMG's long heritage of success in multicultural media as well as an agency structure that serves as the model example for total market integration.

MV42 shares a majority of its client roster with MediaVest, including Kraft, Masterfoods, Ross Laboratories, Sunny Delight and P&G.

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 13th Edition Now Available
New Buying Power report shows increase spending by black consumers on 'necessities'


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.

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...
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Book Publishing Authority


Now in its eighth year of publication, Black Issues Book Review is the only nationally distributed magazine devoted exclusively to covering the latest news and reviews on black books. BIBR also provides up-to-date news on forthcoming author signings, book fairs and book clubs.
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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.
Story and statistics continued

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