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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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Byron Allen to launch new HD channel targeted to African-Americans

(June 16, 2011) Entertainment Studios, the company owned by Byron Allen, has announced that is will launch a new high-definition channel early next year with programming intended for an African-American audience. Legacy TV, which has not yet made a deal with a TV or satellite provider for carriage, is expected to offer programs on black history and biographies of African-American leaders.

"The mission of Legacy.TV is to celebrate African-American excellence everywhere," said Allen, the former comedian who heads Entertainment Studios.  "Our goal and commitment is to make Legacy.TV an engaging and compelling platform which communicates the entire African- American journey.  All content will be originally produced in-house to insure the highest level of creative quality, as well as the ability to distribute our content globally on all platforms."

Entertainment Studios currently produces six niche-oriented HD channels including ES.TV, Comedy.TV, Pet.TV, Car.TV, Recipe.TV, and MyDestination.TV. All are presently being carried by Verizonís FiOS TV service and other outlets.


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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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