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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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Arnold names Reginald Osborne SVP, Director of Multicultural Marketing

(May 21, 2008) Boston-based Arnold Worldwide has announced that Reginald V. Osborne has joined the agency as SVP/Group Director of Multicultural Marketing. At Arnold, Reginald will initially focus on the agency's McDonald's business, with the longer range goal of creating an integrated capability for diversity marketing available to all Arnold clients. He will report into Jon Tracosas, EVP.

"We are thrilled to have someone of Reginald's experience and talents join the agency and the McDonald's team," said Fran Kelly, Arnold CEO. "The world we live in and market in is growing increasingly diverse. He will be an enormous asset to Arnold and to our clients."

Reginald was most recently the Associate Director of Multicultural Marketing at Novartis Pharmaceuticals. Prior to Novartis, he was at Spike DDB where he developed and executed marketing and communication programs for clients like Jaguar, ExxonMobil, Foxwoods and State Farm Insurance. Reginald has also had extensive general market experience working at large multinational agencies including Ted Bates and Grey Worldwide.

"I am excited to be at an agency like Arnold that believes diversity is important culturally and as a resource to better serve clients and consumers in a multi-cultural marketing and communications world," said Reginald.

Arnold's other key clients include Hershey's, truth®, GlaxoSmithKline, ESPN, Volvo, Ocean Spray, Amtrak and Jack Daniel's.


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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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