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 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $719 Billion (2005)

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.

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(c) 2007 by
Target Market News Inc.

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Former U.S. Rep. J.C. Watts and Comcast to launch black news network

By R. Thomas Umstead
Multichannel News

(April 15, 2008) Washington D.C.-based Black Television News Channel (BTNC) announced Tuesday it has reached a multi-year carriage agreement with Comcast Cable for distribution in several of the MSO’s urban-based systems beginning in 2009.

The network, created by former U.S. congressman J.C. Watts Jr., will launch in 2009 and will provide original news programming with a distinctively African-American perspective, according to a network press release.

The network would be the first cable service to offer 24-hour news targeted to African-Americans. Prior attempts to launch a full-time news channel have failed, mostly due to the high cost of developing news. Neither African-American targeted Black Entertainment Television nor TV One offer daily news shows, instead relying on short news briefs throughout the day.

"Our unique and vast content partnerships with African American newsmakers will provide our viewers live access to the stories and people in whom our viewers have a special interest," said Watts in a statement. "With this agreement, Comcast continues to demonstrate its commitment to working with independent programmers with diverse points of view."

Comcast representatives could not be reached for comment at press time.


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14th Edition Now Available!

Latest Buying Power report shows spending up in major categories

The 2007 edition of "The Buying Power of Black America" has just been released by Target Market News. The one-of-a-kind report is the most quoted source of information on how African-American consumers spend their $744 billion in income.

According to the newest edition of "The Buying Power of Black America," there is growth in a number of major product categories despite that slowdown in overall consumer purchases. Get the details by ordering your copy now.

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The African-American
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Now in its ninth 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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