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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.
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Essence to launch
Essence Cares! youth initiative at 12th annual music festival
(June 27, 2006) The 12th Annual Coca-Cola Presents the Essence Music
Festival taking place this Fourth of July weekend (July 1st- 3rd) in
Houston, TX, will convene the country's largest annual gathering of
African-Americans to celebrate Black music and launch Essence Cares!, a
national initiative to secure the future of Black youth. Known as the
"Party with a Purpose", the Coca-Cola Presents the 2006 Essence Music
Festival features performances by the largest assembly of Black musical
talent in the world, augmented by community-oriented Essence Empowerment
Seminars led by the country's most prominent African-American leaders.
Celebrities, national and community leaders are joining forces on-site to
launch Essence Cares! A Call to Action to Secure our Youth. With an
emphasis on mentoring, the initiative will galvanize attendees to enlist
millions of African-Americans to support one of the national organizations
in partnership with ESSENCE: The Children's Defense Fund, The National
Association for the Advancement of Colored People, the National Urban
League, Operation Hope and M.A.D.D.A.D.S.
Participants include Angela Davis, The Reverend Jesse Jackson, Jamie Foxx,
Mary J. Blige, Earvin 'Magic' Johnson, Danny Glover, Reverend Al Sharpton,
Marian Wright Edelman, Nas, Yolanda Adams, Bishop T.D. Jakes, Honorable
Minister Louis Farrakhan
"The tradition of music, art, heritage, culture and community continues in
Houston with a fantastic Fourth of July celebration that is truly a bigger
party with a deeper purpose," said ESSENCE President Michelle Ebanks.
"With the support of our dedicated partners and sponsors, the Coca-Cola
Presents the 2006 Essence Music Festival is well positioned to make
Essence Cares! the country's leading initiative in support of our at-risk
youth."
Attendees of the Coca-Cola Presents the 2006 Essence Music Festival travel
from all over the world for the multigenerational experience. In addition
to the free and open-to-the-public Essence Empowerment Seminars, the
Festival's daytime offerings also include the Essence Marketplace, a
showcase of quality fine arts & crafts; all of which culminates in three
fantastic nights of musical performances by the biggest names in
entertainment.
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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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