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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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Get quick access to key
U.S.
Census
Bureau Data
Click here to go to African-American Census Bureau
data
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© 2006 by
Target Market News Inc.
All rights reserved
Business address:
228 S. Wabash Ave.
Suite 210
Chicago, IL 60604
t. 312-408-1881
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info@targetmarketnews.com
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Target
Market News to launch new book review supplement in black newspapers
(May
21, 2006) Target Market News and Black Issues Book Review magazine
have announced the introduction of Blacks&Books, the first monthly
book review supplement to be nationally distributed through black
newspapers and editorially focused on books for African-American readers.
The new publication was unveiled at the recent Book Expo America
convention in Washington, D.C.
“At a time when interest in African-American literature has never been
greater, Blacks&Books will provide news and reviews about the vast
and growing array of black books,” said Ken Smikle, president of Target
Market News, the company that acquired Black Issues Book Review
magazine two months ago. “This monthly tabloid will serve as a unique
bridge between publishers, authors and retailers who want to tap into the
more than 12 million African-Americans who read a black newspaper every
week.”
Starting in September, 150,000 copies of Blacks&Books will be
distributed in audited black newspapers in the nation’s top six
African-American metropolitan areas: New York, Washington, Chicago, Los
Angeles, Philadelphia and Atlanta. The supplement will have an estimated
total readership of more than 400,000.
According to research from The Media Audit’s annual Black Newspaper
Report, 65% of black newspaper readers are female; 88% of black newspaper
readers do not buy daily newspapers; and 51% of black newspaper readers
purchased five or more books in the past year.
“Blacks&Books will bring the book publishing industry together with
a $300 million market,” said Smikle. “For the first time, a publication
will put booksellers in direct contact with an African-American audience
that relies on the printed word for information and entertainment.”
Blacks&Books will be edited and designed by the award-winning staff
of Black Issues Book Review magazine. With original editorial
content designed to appeal to new book readers, each issue will include:
- Recommended newly released titles
- Book reviews
- Suggested children’s titles
- Author profiles
- Bestsellers lists
- Literary calendar
- Author tour schedules
For further information contact Black Issues Book Review, 350 Fifth Ave.,
Suite 1522, New York, NY 10118, tel. 212-947-8515, or visit
www.bibookreview.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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