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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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Get quick access to key
U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data

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Target Market News Inc.

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Award-winning journalist Bob Meadows joins ESSENCE magazine as Deputy Editor

(May 12, 2010) Award-winning journalist Bob Meadows joins ESSENCE as Deputy Editor, it was announced by Editor-in-Chief Angela Burt-Murray. In this role Meadows will oversee the News and Culture sections of the magazine -- which also celebrates its fortieth anniversary this year.

An esteemed journalist and native of Detroit, Meadows has interviewed some of the world's biggest stars -- from the late Michael Jackson to Bill Cosby -- while also excelling at human-interest stories. Prior to ESSENCE, he spent the last 11 years as a writer, editor and reporter with People magazine. In 2009 he also led a five-person team in the redesign of the publication Time for Kids.

Previously, Meadows was the Minority Affairs reporter at the Charlotte Observer. He was a key player on a team nominated for a Pulitzer Prize for an extensive series on Charlotte, North Carolina's poorest neighborhoods. While there, he also interviewed Rosa Parks, which remains the highlight of his career.

“We are so excited that Bob is joining the ESSENCE team,” said Burt-Murray. “He is well regarded in the industry and is such a tremendous talent. We know that our brand will benefit greatly from his creativity and editorial leadership.”

Meadows graduated from the University of Michigan. He and his wife reside in Brooklyn, New York.

Go to Target Market News homepage


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