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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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Michael Jack named President and General Manager at New York's WNBC-TV

By Richard Prince
Journal-isms
(June 7, 2010) Michael Jack, president and general manager of NBC-owned WRC in Washington since 2002, on Monday was named president and general manager of WNBC, the NBC flagship operation in the nation's No. 1 market. He becomes the first African American to hold the position.

Jack, who turned 59 on Sunday, "will assume responsibility for WNBC. He will oversee all of the groupís New York-based local media assets, including the broadcast television station, the local website and digital channel. A replacement for Jack at WRC will be announced shortly," an announcement said.

"Under Jackís direction, WRC has maintained its position as the market leader in DC in total viewers and key demos for all of its newscasts. He oversaw the stationís transition to a digital production center, increasing its local news production across multiple media platforms. Jack also placed a strong emphasis on employee engagement, spearheading numerous internal events, including an annual Employee Appreciation Day. WRC was also selected as the 'NBC Local Media Business of the Year' in 2008, an award established by the Local Media group to recognize and reward outstanding team performance.

"Previously, Jack served as President and General Manger of NBC4 in Columbus, OH from 1999 to 2002 and Vice President of Sales for KNBC in Los Angeles for three years. Additionally, he served as Vice President of Diversity for NBC Universal from 2002-2006. Prior to NBC, Jack spent 19 years at Capital Cities/ABC-TV where he served in a number of positions of increasing responsibility, culminating with his role as Sales Manager of Capital Citiesí National Sales office in Los Angeles."


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