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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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© 2006 by
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BFE Telecom launches The Black 411 to locate black businesses nationwide

(March 30, 2006) BFE Telecom, Inc. has announced it is launching the revolutionary new service, The Black 411,. that is designed to help consumers find black owned businesses across the country. The service will officially launch on April 30th, 2006.

BFE Telecom Inc., is a black owned Telecom company targeted at promoting Black Business through technology. The company was founded in 2005 by Lawrence Spear a telecom executive with over 20 years in the telecom field. "I have spent years finding and creating solutions for major companies throughout the world, and I saw an opportunity to create something that would make a difference in the lives of my own people". said Mr. Spear.

Spear further added, "This type of service is long overdue and necessary. There is a huge gap between the financial resources and opportunities for blacks and black businesses in this country, and the mainstream. We have over 36 billion Black Americans in this country, and we also spend over $750 billion annually, yet our businesses only receive .4% of the receipts generated in this country. The Black 411 will help to level the economic playing field. If we can strengthen the black business that will lead to more job creation, better schools, cleaner safer communities, and it will provide additional options for our youth.

The new service is designed to simplify the way that consumers find and locate Black Owned businesses. The service is especially useful to the Black Business person, or someone who travels a great deal. Sometimes you may find yourself in a new city or part of town and you are in need of a haircut or some good homecooking. The Black 411 will be there to help you locate the type of business or service you need.

 The Black 411 will initially launch in 4 cities, New York, Atlanta, Washington DC/Maryland., and South Florida. We have a very aggressive launch plan to have the top 10 cities for Black Business and Black Population completed by the 1st quarter of 2008. The service will be marketed utilizing independent agents across the country, as well as an aggressive campaign on Black Radio, Black Television, Black magazines, Black Newspapers, and more

For more information about BFE Telecom, or to register your business with The Black 411 service contact Michelle Dotson, 954-538-1901.


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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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