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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.

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U.S. Census 
Bureau Data

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Time Inc. promotes Sheryl Hilliard Tucker to newly created executive editor post

(April 27, 2006) In an announcement made to the Time Inc. staff on April 21, John Huey, the company’s editor in chief, promoted two editors to replace exiting corporate editor Isolde Motley with new posts that restructure the top management of the world’s largest magazine publisher.

Effective immediately, Sheryl Hilliard Tucker (above) and Scott Mowbray are appointed to the newly created posts of executive editors of Time Inc. “In addition to working closely with me, these two will be available to the editors of the magazines,” wrote Huey in a staff memo. “They will be able to assist in everything from reader research projects to redesigns, restructurings, and launches. At times they may be posted to individual titles, on staff, doing everything from substituting for an editor to implementing new approaches.”

Tucker’s new responsibilities come just six months after her appointment to the editor at large position, assisting magazines in need of a turnaround. She is currently engaged in such a project as acting deputy editor of “Health” magazine.

The memo also said that “in her new position, Sheryl will focus on talent management and will also be responsible for implementing a formal and ongoing audit of content diversity in all of our titles.”

Huey characterized the role Tucker has played at Time Inc. by saying “Sheryl is an outstanding manager with a talent for serious multitasking. She is one of those people who gets things done well and on time and with a minimum of fuss.”

Prior to her editor at large duties, Tucker was
executive editor of “Money,” where for the past decade she has managed some of the title's most important franchises, including the Americans and their Money survey, the Money Summit, and special projects such as the re-launch of “Your Company” (now “Fortune Small Business”). A year ago, she emerged as one of the key architects of “Money” magazine's successful redesign.

Before joining Time Inc., Sheryl was vice president and editor-in-chief at “Black Enterprise” magazine. She has edited several books, including “Prime Time: African American Women’s Guide to Midlife Health and Wellness, and she is co-author of the recently published book “Tomorrow Begins Today: African American Women as We Age.”

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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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