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 Black Stats  
Frequently requested data on African American consumers

Black Buying Power:
 $836 Billion (2010)

Black U.S. Population:
 41.1 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 $203.8 bil.
 - Food $65.2 bil.
 - Cars/Trucks $29.1 bil.
 - Clothing $29.3 bil.
 - Health Care $23.6 bil.
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New BET research study unveils African-Americans' broad movie-going preferences

(May 24, 2011) BET Networks unveiled a new report that challenges the Hollywood mindset that African Americans only support black movies and outlines the $6.3 Billion buying power of this demographic. According to REEL FACTS: A Movie Goer Consumption Study on average, 81% of the movies seen by African Americans do not prominently feature an African American cast, storyline or lead black star.

The study provides an in-depth understanding of African American movie goers and their consumption patterns versus general market movie goers. The report also states that while traditionally, African Americans do support films in which their own images/likenesses are featured, this group is also just as engaged with mass appeal general market films since the leading criteria for movie selection is based on genre.

"The findings in REEL Facts prove what we've known all along, which is contrary to what many studios and marketers think, African Americans are a valuable patron of different genres of film and see the platform of television as an important resource in making a decision in this category," said Louis Carr, President of Advertising at BET Networks. "While African Americans seek content that reflects their lives, the movies consumed are not limited to one type of storyline."

REEL Facts: A Movie Goer Consumption Study also revealed the top five key characteristics of an African American movie goer:

- Extreme Movie Buffs -- African Americans have no problem making that trek to the movies accounting for 195 Million trips to the movie theaters annually.  On average, African Americans make frequent visits to the movies (13.4 times per year vs. 11 times per year for general market movie goers*).  

- High Engagement and Receptivity -- African Americans see TV as the most influential medium to capture their attentions. Top three movie info resources valued highly by REEL Facts respondents:  TV commercials (65%), In-theater movie trailers (55%) and Family/friend recommendations (54%).

- Repeat Viewers -- 62% of black movie goers admit to seeing movies they like multiple times accounting for an additional $513 Million in additional revenue to movie studio coffers.

- Movie Goers Have "Platinum Shine" -- On average, African Americans are the most avid movie patrons going to the movies more than 2 times/per month, accounting for a minimum of 28 times during the year.

- Digital Tekkies -- African Americans are digitally inclined and consume heavy amounts of all types of media:  67% own desktop/laptop computers; 62% are heavy online users accessing (11+ hours weekly); 64% are gaming/music video enthusiasts and 37% are heavy TV/DVR viewers.

"REEL Facts, along with our other consumer insights, proves that the black consumer is not monolithic and that it's all about engaging content, cultural awareness and satisfaction as high-end consumers," said Matthew Barnhill, SVP of Market Research at BET Networks. "The African American community has diverse tastes, an appetite for quality movies and entertainment that can range from blockbuster mainstream action films to African American romantic comedies."

 BET Networks Corporate Research administered an online panel questionnaire to 2,500 16-49 year olds in March-April 2011 among African Americans, Hispanics and Caucasians. All data analyzed for REEL FACTS: A Movie Goer Consumption Study is statistically significant at the 95% confidence level.  In the analysis, respondents were asked to identify important /least important factors in their movie decision-making.  BET Networks partnered with Ipsos OTX for panel recruitment/ sample fielding and The Artemis Group for statistical analysis/weighting expertise.


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 ORDER TODAY!
New "Buying Power" report: Black consumers spend as economy grows
Details $507 billion in expenditures

African-American consumers are cautiously increasing their spending in some key product categories, even as they continue to make adjustments in a slowly growing economy. The finding comes from the 16th annual edition of "The Buying Power of Black America" report published by Target Market News..

In 2009, black households spent an estimated $507 billion in 27 product and services categories. That's an increase of 16.6% over the $435 billion spent in 2008. African-Americans" total earned income for 2009 is estimated at $836 billion...

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