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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.
Click here for more stats from "The Buying Power of
Black America."
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Federal judge encourages Coca-Cola to live up to its commitment to
diversity
By
Harry R. Weber
Associated Press
(December
15, 2006) A federal judge Friday encouraged The Coca-Cola Co. to maintain
its commitment to diversity in the workplace after receiving the final
report from a task force born from a $200 million discrimination
settlement by the world's largest beverage maker.
``I challenge you to keep it as a critical part of the manifesto,'' U.S.
District Judge Richard Story told Coca-Cola executives.
The comment came during a hearing at which the task force chaired by
former Labor Secretary Alexis Herman issued its fifth and final report
stemming from the settlements reached between 2000 and 2002.
The report said the Atlanta-based company has made significant progress
toward more equal opportunities in the workplace for minorities and women.
But, the report said, to be sustainable ``the many improvements in
personnel practices that have begun to take root must become embedded in
the company's culture.''
Coca-Cola Chief Executive Neville Isdell, who had asked the task force to
extend its duties for the fifth year, told the judge that the company
knows it has more to do.
``We shouldn't leave this courtroom today and say that there is anything
behind us,'' Isdell said.
At the same time, even plaintiff's lawyer Cyrus Mehri agreed that the
company has made progress in diversifying its workforce and showing that
its actions were ``not just symbolic but a commitment.''
The report released Friday said the company has successfully diversified
its candidate and interview pools for open positions.
The task force also said that the gap that existed between black
employees' and all other employees' perception of the diversity climate
has narrowed significantly from prior years, with blacks rating the
company nearly as favorably as whites, Hispanics and Asian Americans.
The report said that the diversity among Coca-Cola's elected and appointed
officers has increased from 16 percent female and 8 percent minority in
2000 to 27 percent female and 21 percent minority this year. It said there
have also been marked improvements in female and minority hiring for
middle management and senior management positions.
Coca-Cola agreed to the diversity task force after reaching the hefty
racial and gender discrimination settlements. The committee represented
both the plaintiffs and the company and was made up of two business
executives, two lawyers and a trio of former civil rights officials.
The original suit was filed in 1999 on behalf of current and former
employees. The main settlement applied to about 2,200 salaried black
employees who worked for Coke between April 22, 1995, and June 14, 2000.
Some plaintiffs opted out and sought their own settlements with Coke.
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The
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Now
in its seventh year of publication, Black Issues Book Review is
the only nationally distributed magazine devoted exclusively to covering the
latest news and reviews on black books. BIBR also provides up-to-date news on forthcoming author
signings, book fairs and book clubs.
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PUBLICATION
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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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