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 15th Annual Edition
'Buying Power of Black America' report breaks down billions in expenditures

Black consumers are responding to tighter economic condition by focusing more of their spending on items and services that improve their homes and lifestyle. That's one of the trends revealed in the 15th annual report, "The Buying Power of Black America," published by Target Market News. The report analyzes spending for black households in 2008 and finds that African-Americans...
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 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $803 Billion (2008)

Black U.S. Population:
  41.1 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 $166.3 bil.
 - Food $65.3 bil.
 - Cars/Trucks $31.5 bil.
 - Clothing $26.9 bil.
 - Health Care $23.9 bil.

Click here for more stats from "The Buying Power of Black America."
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U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data

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FCC's Clyburn sees new opportunity for minority content creators in broadband

From RadioInk.com
(May 10, 2010) Speaking at the recent New Media Entrepreneurship Conference in Washington, DC, FCC Commissioner Mignon Clyburn focused on new opportunities in broadband for minority content creators and entrepreneurs.

She said, "It is not a stretch to imagine that a diverse set of broadcast media owners would yield more diverse and relevant content for all Americans" but that the "paltry numbers" of minority media owners in broadcast "are almost frightening." But, Clyburn said, the "legal landscape is not particularly hospitable to attempts to remedy such a disparity in a conspicuous manner." She also pointed to the lack of capital available in the current economic climate and said, "This is where the Internet and broadband come in."

Clyburn pointed to the relatively low barriers to entry in broadband and said, "I believe we are presented with an opportunity that must be seized. What once seemed impossible achieve through the broadcast media is now within reach through broadband." After citing some online success stories, she said the Internet "must remain open," and continued, "It simply does us no good if we have this fabulous tool only to be controlled once again by corporate gatekeepers."

Those "corporate folks," she said, "may either feel the footsteps of competition to their own content products or seek to earn additional revenue by charging content creators for priority access." Clyburn continued, "These would be perfectly rational business decisions, but ones that could hurt American consumers and cripple the fantastic opportunities for people of color."

Clyburn said there is no real contradiction between the FCC's goal of universal broadband and an open Internet and continued, "What kind of Internet do you want going forward? One that is yours or one that is controlled, policed, and regulated by industry? For me, the choice is simple."


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