Black Stats Frequently requested
data on African American consumers
Black Buying Power:
$836 Billion (2010)
Black U.S. Population:
Top Five Black Cities
- New York
Top Five Black Metros:
- New York-New Jersey
- Los Angeles
Top Five Expenditures:
- Housing $203.8 bil.
- Food $65.2 bil.
- Cars/Trucks $29.1 bil.
- Clothing $29.3 bil.
- Health Care $23.6 bil. ______________________
Quick access to key stats
Click here to go to African-American Census Bureau
2011 by Target Market News Inc. All rights reserved
228 S. Wabash Ave.
Chicago, IL 60604
Radio One expects Q1 revenue to increase by 10.9%; stock repurchase
(April 18, 2011) Radio One has announced preliminary results for the
quarter ended March 31, 2011. It anticipates net revenue of
approximately $65.4 million, an increase of $6.4 million from the same
period in 2010, an increase of 10.9%. Station operating income is
anticipated to be approximately $17.2 million to $18.2 million for the
three months ended March 31, 2011. The company also expects a net loss
of $0.37 to $0.39 per share for the quarter ended March 31, 2011.
Radio One also announced that its Board of Directors has approved a
stock repurchase authorization to of up to $15 million worth of its
Class A and/or Class D common stock prior to April 13, 2013.
Additionally, Radio One expects that TV One will redeem the ownership
interests held by DIRECTV on or about April 30, 2011. One effect of the
redemption will be to increase the ownership interests of the remaining
members, increasing Radio One's ownership to approximately 50.8 percent.
ORDER TODAY! New
"Buying Power" report: Black consumers spend as economy grows Details $507
expenditures African-American consumers are cautiously increasing their
spending in some key product categories, even as they continue to make
adjustments in a slowly growing economy. The finding comes from the 16th annual edition of "The Buying Power of Black America"
report published by Target Market News..
In 2009, black households spent an estimated $507 billion in 27 product
and services categories. That's an increase of 16.6% over the $435 billion
spent in 2008. African-Americans" total earned income for 2009 is
estimated at $836 billion...