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 Black Stats           
Frequently requested data on African American consumers

Black Buying Power:
  $656 Billion (2003)

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 145.2 bil.
 - Food 56.5 bil.
 - Cars/Trucks 32.6 bil.
 - Clothing 23.0 bil.
 - Health Care 18.0 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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THE LATEST NEWS 
Interep launches scholarship with NABOB for HBCU students

(Sept 27, 2005) Interep has announced that it will institute an annual Interep/NABOB scholarship to be awarded to a communications or broadcasting student attending one of the nation's historically black colleges and universities. The announcement was made by Interep President and COO, George Pine, at the 29th Annual National Association of Black Owned Broadcasters (NABOB) Fall Conference in Washington D.C. last week.

During an Interep-sponsored reception at the conference, Pine commented, “We would like to take this opportunity to reassert Interep's commitment to the Urban community, and expand our support of African-American broadcasters. With this scholarship, we hope to help foster the next generation of multi-cultural industry leaders.” He continued, “Interep has always been a strong supporter of NABOB, and counts many of the organization's members as long-standing partners and clients, including Inner City Broadcasting, Access One, Carter Broadcasting Group and Sheridan Broadcasting.”

This year's scholarship will go to a student attending Florida A&M University, one of the leading historically black colleges and universities in the country. NABOB will announce the recipient of the award in the next few weeks.

Go to Target Market News homepage
 

 11th Annual Edition Available

'Buying Power' report reveals surge by black households for consumer electronics

Despite tighter economic times, African-American households are significantly increasing their expenditures on consumer electronics for the home, according to the newest edition of The Buying Power of Black America report. In many categories such as video games, televisions, CD players, cable TV service and sound equipment, black households are spending more on average than their white counterparts.

According to the 103-page report, black households had $656 billion in earned income in 2003, an increase of 3.9% over the $631 earned in 2002.

Read more and see the latest expenditure figures for black consumers


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