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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.
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Black America."
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© 2006 by
Target Market News Inc.
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Curry Racing set
to become the first black-owned NASCAR race team in history
(March
10, 2006)
An
historic event will take place on March 17in Atlanta. Curry Racing, Inc.
owned and founded by Julius Curry (left), will take over as owner of a
NASCAR race team at the Atlanta Motor Speedway Craftsman’s Truck Series.
This will mark the first time in NASCAR history that an African - American
owned company, Curry Racing, Inc. will be the sole owners of a NASCAR race
team. Driving the Curry Racing, Inc truck will be Chase Montgomery.
Julius Curry, former NFL star and University of Michigan football star is
the deriving force behind this notable occasion. Capitalizing on his
professional football skills in tandem with his knowledge of sports
marketing has help propel Curry Racing, Inc into the forefront of new and
innovative team leadership in NASCAR fold.
“I am honored and privileged to be a part of NASCAR and its established
track record in car racing,” said Curry. “I am confident that Curry
Racing, Inc. will add to NASCAR’s exemplary record in car and truck
racing. I would also like to take this opportunity to thank Ray
Montgomery, VP of Operations at Curry Racing Inc. for all of his
assistance in making this extraordinary day possible.” so states Mr.
Curry.
Curry Racing, Inc. will field a full team for 2006 and is building toward
a complete season starting in 2007. With able assistance from Sam Belnavis,
currently the Director of Roush Racing’s Diversity Program, NASCAR is
motoring down the speedway of Diversity. Mr. Curry hopes that his example
will open the way for new sponsors to enter the NASCAR arena and build
successful sponsorships African American and other diverse owned teams.
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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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