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Target Market News has introduced Black Business Chicago, a new publication  which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site,, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more ____________________________________

Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 bil in spending

The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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NABJ finds diversity of nation's TV newsrooms showing 'lukewarm' progress

(September 19, 2012) The National Association of Black Journalists (NABJ) announced the official release of its 2012 Television Newsroom Management Diversity Census. The report, now in its fifth year, consists of two studies examining current diversity figures within 295 television stations owned by 19 companies, and the diversity of newsroom management at the major networks. Though strides have been made, the report, the only one of its kind, recognizes the lack of parity that still exists among managers within television newsrooms.

"While we are pleased to know there has been some increase in newsroom diversity, NABJ will continue to push to ensure that black journalists are provided the opportunity to attain executive positions."

.According to the 2010 United States Census, non-whites comprise nearly 35% of the U.S. population, but the study finds that people of color fill only 12% of the newsroom managerial positions at stations owned by ABC, Allbritton Communications, Belo Corporation, CBS, Cox Media Group, Fox Television Stations, Gannett, Hearst, Journal Broadcast, Lin Media, Media General, Meredith, NBC, Nexstar Broadcasting, E.W. Scripps Company, Post-Newsweek, Raycom Media, Sinclair Broadcasting and Tribune.

"The numbers in this report are discouraging," said NABJ Vice President of Broadcast and television station report author Bob Butler. "What's even more troubling is the FCC's own statute directs it to collect this data, but for some reason it is not doing so."

"We’re the only organization that does this kind of research," added Butler. "My hope is that we reach every news station in the country."

The study of network news organizations CBS, NBC, ABC, MSNBC and CNN show that people of color comprise 34% of newsroom managers and executives. Attempts to retrieve data from News Corporation/Fox News were unsuccessful.

NABJ’s local television newsroom survey examines senior-level personnel with the title of general manager, news director, assistant news director, managing editor, assignment manager, executive producer or web manager/director of digital media.

NABJ's television network census examines senior-level personnel with the title of president, vice president, executive producer, senior producer, director, bureau chief, and other top managerial positions.

"These reports highlight the urgent need for news organizations to go further to make newsrooms inclusive, and to clearly demonstrate that they truly value diversity in the workplace," said NABJ President Gregory Lee Jr. "While we are pleased to know there has been some increase in newsroom diversity, NABJ will continue to push to ensure that black journalists are provided the opportunity to attain executive positions."

NABJ continues to examine diversity in newsrooms and urges mainstream media companies to reach out to NABJ to help them fill openings in their newsrooms.

Recent studies show people of color own less than 8% of all commercial radio stations and just more than 3% of all commercial television stations.

Click here for the 2012 NABJ Television Newsroom Management Diversity Census.

Click here for the 2012 NABJ Network Management Diversity Census.

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