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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.
Go to Target Market News
homepage
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Click here to read more
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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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