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Looking for hard-to-find information on the African-American consumer market? Now you can easily search the contents of the leading source for information on African-American marketing and media. Scan our entire Web site for news, research and information using Google-powered keyword searches. Hundreds of articles, stories and report findings can be accessed for free. Click here to try it now!

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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.

According to the newest edition of “The Buying Power of Black America” report, African-American households are tightening their belts when it comes to dining out, expanding their wardrobes, and leisure activities out of the home. At the same time, they are increasing their spending on home repairs and remodeling, audio and...
Story and statistics continued

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Departments Advertising & PR News Marketing News TV & Cable News Radio News Magazine News Newspaper News Internet News Retailing News Consumer Research Expenditure Data People in the News Industry News Company Bios and Background Register Here STAY IN-THE-KNOW! Are you getting the latest industry news when it happens via e-mail? Click here for free delivery of the Target Market News Bulletin You'll receive news of breaking stories, exclusives, updates and headlines on the latest developments in African American marketing and media 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." ______________________ Get quick access to key U.S. Census Bureau Data Click here to go to African-American Census Bureau data _____________________ Copyright `© 2005 by Target Market News Inc.` All rights reserved Business address: 228 S. Wabash Ave. Suite 210 Chicago, IL 60604 t. 312-408-1881 f. 312-408-1867 info@targetmarketnews.com	STORY ARCHIVE January 2006 The Flamingos wins settlement from Pepsi for unauthorized song in ad 1-31-06 Les Kimber is elected president of West Coast Black Publishers Association 1-31-06 AOL Black Voices teams up with The HistoryMakers for celebrity video clips 1-31-06 Radio One and REACH Media launch syndicated black news/talk network 1-30-06 What's the future for black programming on the new CW TV network? Vigilante agency names Valerie Graves as Chief Creative Officer 1-27-06 Wal-Mart black history program gives glimpse of Gullah/Geechee Nation 1-27-06 Fame and football are the themes for Fox's five winning shows 1-26-06 Sears stores accepting contributions for the National Urban League 1-26-06 New network marks CBS, Warner Bros. partnership, the end for UPN, WB 12-25-06 Debra Lee elevated to BET chairman as founder Bob Johnson exits 1-25-06 Black Family Channel and AURN partner on sales and cross-promotional effort 1-24-06 NBA dominates Top 25 Cable Shows in black homes, but movies hold their own 1-24-06 Starbucks debuts sales of DVD's in its stores with independent black film 1-23-06 Showtime sets fall debut for 'Damon Wayans’ The Underground' series 1-23-06 'Essence' associate publisher Barbara Britton resigns to start marketing firm 1-20-06 Infiniti creates a 30-minute BET program to launch new campaign 1-20-06 Barry Mayo resigns as Emmis New York SVP to get balance back in his life 1-19-06 Football season goes down kicking with AFC playoff game taking top spot 1-19-06 Cynthia Perkins-Roberts named CAB VP of diversity sales and development 1-19-06 Cell phone study shows blacks use twice the number of minutes as whites 1-18-06 Michel Martin joins NPR to host new daily two-hour show for late this year 1-18-06 Brenda Freeman joins Nickelodeon as Senior VP of Promotions Marketing 1-17-06 'Heart & Soul' starts '06 by doubling ad pages, expanding distribution 1-17-06 Vonetta Flowers, Winter Olympics gold medalist, is a hot endorser 1-17-06 'Eyes on the Prize' to return to PBS this fall after long absence 1-16-06 BlackAmericaWeb.com reaches milestone of one million members 1-13-06 Carol H. Williams agency wins top ad honor at Urban Wheel Awards 1-13-06 BET's marching to a different beat with upcoming season's programming 1-12-06 New Year’s resolution: ‘Football rules’ with black sports fans home for the holidays 1-12-06 AOL Black Voices launches books feature with Star Jones Reynolds 1-11-06 Survey shows blacks entered shopping season with buying intentions 1-11-06 Urban Television Network signs an agreement with Nielsen Media Research 1-11-06 Central City Productions acquires "America's Black Forum" from UniWorld 1-10-06 TV One debuts personal finance reality show with writer Michelle Singletary 1-10-06 'Chicago Defender' says it's profitable for first time in two decades 1-9-06 Allan Johnson, critic and writer for 'Chicago Tribune,' dies at 46 1-9-06 CBS gets gift of four on top ten, 'Monday Night Football' bids farewell 1-9-06 Amtrak selects Images USA as its AOR for the southeast region 1-6-06 ZenithOptimedia new division to focus on multicultural direct marketing 1-6-06 Burrell uses Website, podcasts, blogs for Lexus African-American effort 1-5-06 Butch Graves promoted to CEO of Black Enterprise magazine 1-5-06 Black-owned broadcaster to operate new Jackson, Miss. UPN affiliate 1-5-06 AOL Black Voices partners with Streaming Faith for audio, video content 1-4-06 Movie studios seek growth for DVD sales by targeting black, Hispanics 1-4-06 Caribbean tourism officials urged to do more advertising with black press 1-3-06 Illinois' native black celebrities promotes state's attractions in campaign 1-3-06 ___________________________ Access our news archives by month: May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 ___________________________ Access our news archives by subject: Advertising & PR News Marketing News TV & Cable News Radio News Magazine News Newspaper News Internet News Retailing News Consumer Research News People in the News Industry News Go to Target Market News homepage	NEW! Search the entire contents of the Target Market News Web site! Looking for hard-to-find information on the African-American consumer market? Now you can easily search the contents of the leading source for information on African-American marketing and media. Scan our entire Web site for news, research and information using Google-powered keyword searches. Hundreds of articles, stories and report findings can be accessed for free. Click here to try it now! ___________________________________________________________________________________________ 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. According to the newest edition of “The Buying Power of Black America” report, African-American households are tightening their belts when it comes to dining out, expanding their wardrobes, and leisure activities out of the home. At the same time, they are increasing their spending on home repairs and remodeling, audio and... Story and statistics continued _________________________ SUBSCRIBE TODAY! The trade publication for in-depth coverage of Black Consumer Marketing and Media news ORDER THE WORKBOOK NOW! The sixth annual event examining the latest trends, findings and practices in marketing to African-American consumers Presentations from: America Online Arbitron Inc. Burrell Carol H. Williams Advertising E. Morris Communications Ethnic Print Media Group GlobalHue Hunter-Miller Group Images USA Nia Online NSights Worldwide LLC On Wheels Inc. R.J. Dale Advertising & P.R. Target Market News U.S. Census Bureau ...and more!