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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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13th Annual Edition Available
Report: Black consumers increase spending on lifestyle “necessities”

(March 3, 2007) Thanks to economic gains in the past two years, black households across the U.S., especially middle-class families, are increasing their purchases of lifestyle and leisure items. Products such as cell phone service, travel, restaurant meals and entertainment and leisure increased significantly in 2005.

With home ownership growing and unemployment down, African-American consumers are increasing expenditures on goods and services that are lifestyle-oriented. According to the newest edition of “The Buying Power of Black America,” there are indications that black households are feeling more confident about making purchases that...
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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 May 2007 'American Idol' wraps up season in first place; CBS is again week’s top network 5-31-07 Former television exec launches African-American weekly paper in Shreveport, LA 5-30-07 Cincinnati unveils multicultural campaign to hold on to new convention attendees 5-30-07 New Orleans plans to tout improvements to city by hiring a public relations firm 5-29-07 TBS to launch ‘House of Payne’ with extensive African-American marketing effort 5-29-07 GM Truck campaign from CHWA targets the urban African-American market 5-25-07 BET Home Entertainment is launched through partnership with Paramount 5-25-07 'Charm School' takes top spot, thanks to women; BET dunks on the NBA Playoffs 5-24-07 Jamie Foxx launches The Foxxhole Channel exclusively on SIRIUS Satellite Radio 5-24-07 Unilever/Essence survey finds black women see more than beauty in their skin 5-23-07 Fox holds on to first, second and third place; CBS is the week’s top network 5-23-07 Ross Love sells Cincinnati urban talk station WDBZ-AM to Radio One 5-22-07 Chicago weekly, N'Digo, promotes Zondra Hughes to editor-in-chief 5-22-07 Radio One, announces sale of ten radio stations in Dayton and Louisville 5-21-07 GM marketing chief Mike Jackson to depart position next month 5-18-07 The CW says hello and goodbye in lineup of shows for next season 5-18-07 NBA Playoffs still dominate black cable viewing; BET holds its own vs. basketball 5-17-07 Prime Access wins best multicultural ad award in 2007 PhAME competition 5-17-07 Joseph Rodney Lawrence, leader in beauty products marketing, dies at 59 5-16-07 In second week of sweeps, Fox, CBS, ABC shows get a boost from black households 5-16-07 Johnson Publishing Co. names Associated Press to distribute Ebony, Jet photo archive 5-15-07 Ethnic Print Media Group completes nationwide audit of black newspapers 5-15-07 RJR Media Group takes full control of 'American Legacy' by buying Forbes stake 5-14-07 BET News to return with a format targeting the channel’s core young adult audience 5-14-07 Toyota unveils an urban marketing campaign for Yaris with Burrell creative 5-11-07 NBA Playoffs take center court in cable homes; Only BET, VH1 able to compete 5-11-07 "American Idol" leads Fox’s hold on top 25; CBS places nine shows on the chart 5-9-07 Black marketing firms hired to push black attendance for August Wilson’s last play 5-9-07 Renetta McCann takes Starcom MediaVest Group to the top of media buyers 5-8-07 BET J to introduce expanded programming of new shows and specials 5-8-07 Nielsen names Patricia Andrews-Keenan VP Communications, Community Affairs 5-7-07 TV One adds households to extend base to nearly 38 million households 5-7-07 Sean 'Diddy' Combs working to make his mark as a leading television producer 5-4-07 GlobalHue ranks 29th in Advertising Age’s 2006 agency special report 5-4-07 Edward F. Boyd, trailblazer in black consumer marketing for Pepsi, dies 5-3-07 'College Hill' keeps BET on top of cable chart; NBA gives TNT a network win 5-3-07 It’s One, Two, Three again for Fox; CBS’ eight shows make it top net again 5-2-07 April episode of 'College Hill' becomes BET’s most watched original series 5-2-07 Turner Broadcasting taps ACE Media Corp. to rep ‘Tyler Perry’s House of Payne’ 5-1-07 ___________________________ Access our news archives by month: January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 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	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! ___________________________________________________________________________________________ 13th Annual Edition Available Report: Black consumers increase spending on lifestyle “necessities” (March 3, 2007) Thanks to economic gains in the past two years, black households across the U.S., especially middle-class families, are increasing their purchases of lifestyle and leisure items. Products such as cell phone service, travel, restaurant meals and entertainment and leisure increased significantly in 2005. With home ownership growing and unemployment down, African-American consumers are increasing expenditures on goods and services that are lifestyle-oriented. According to the newest edition of “The Buying Power of Black America,” there are indications that black households are feeling more confident about making purchases that... Story continued... Click here to order The Buying Power of Black America report _________________________ SUBSCRIBE TODAY! The trade publication for in-depth coverage of Black Consumer Marketing and Media news