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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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'Doin' It,' a weekly black business show, launches on XM Satellite Radio

(March 13, 2006) Achieve Black Wealth, LLC., is announcing the launch of the Doin' It Network, which includes a new radio series and streaming media web site, both of which will focus on black business in America. The network launched on XM Satellite Radio and at doinitonline.com on Saturday, March 11th at 1:00 P.M. The program features high profile black business owners, corporate professionals, professors and consultants from a wide variety of professions such as IT, law, sports, politics, and academia.

"It was hard to believe that no one was doing programming like this already," says Moses Foster, President and host. "I know plenty of successful black businessmen and businesswomen. But I can't name a single radio program that speaks to this audience on a weekly basis. That seems a little odd to me considering black-owned businesses are growing four times faster than the national rate, there are over 1.2 million black-owned businesses in America, and they contribute almost $100 billion to the economy."

There are quite a few business programs in existence right now - but as Foster points out, black business owners and black professionals have different needs than other entrepreneurs. Acquiring funds is more difficult, landing contracts can be tricky, corporate opportunities are more limited, and even gaining support in the black community isn't a given.

Doin' It has already rustled up an impressive list of guests. The first show aired on Saturday, March 11th, at 1:00, and featured Choice Hotels' Vice President of Emerging Markets, Brian Parker - the youngest, the first, and the only African-American Vice President at Choice Hotels International. The first full interview is now available online at www.doinitonline.com. More programs will be added each week, and future guests include David Steward, Chairman of Worldwide Technology - America's biggest black-owned business -- and Steven Rogers, distinguished Professor of Finance at the Kellogg School of Management.

Doin' It can be heard on XM Satellite Radio's 169 - The Power on Saturdays at 1:00 P.M., and at www.doinitonline.com.


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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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