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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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© 2006 by
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Andrea Fant-Hobbs,
creator of Oprah’s car giveaway, named Verizon brand VP
(April
17, 2006) Verizon today announced the appointment of Andrea Fant-Hobbs
(left) as vice president of brand management, reporting to Jerri DeVard,
senior vice president of marketing and brand management for Verizon.
Fant-Hobbs will develop and execute all branding, corporate advertising,
media planning and buying, as well as sponsorship activities, designed to
build and extend the Verizon brand.
Previously, Fant-Hobbs was vice president and account director for
Vigilante, where she managed the Manhattan-based advertising agency's
largest client, General Motors. She was principal architect of the
multi-million- dollar Oprah Winfrey deal for the launch of GM's Pontiac G6
on the top-secret "Wildest Dreams" season premier show special, where each
member of the audience of school teachers got a free car. The event won a
Cannes Gold Lion award and an Effie.
She brings to the position more than 20 years of brand building and
creative development and execution of campaigns for major companies,
including Prudential Insurance Co., Summit/Fleet Bank, Smith Kline
Beecham, Miller Brewing Co., Flori-Roberts, Amtrak, Greyhound and
Colgate-Palmolive Co.
"Andrea's creativity and experience will enrich our branding team and help
propel Verizon's reputation deeper into the fiercely competitive markets
we serve," DeVard said. Fant-Hobbs will be based at the Verizon Center in
Basking Ridge, N.J.
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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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