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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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(c) 2010 by
Target Market News Inc.

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Business address:
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info@targetmarketnews.com
 

David Presher named VP and GM of Radio One's Columbus, Ohio stations
 
(June 18, 2010) Radio One, Inc. has announced that David Presher has been named Vice President and General Manager of its Columbus radio stations. He will officially assume his position in July.

Dave Presher brings his 20 years of senior management experience to Radio One.  Mr. Presher was recently Market Manager for Riviera Broadcast Group in Las Vegas as well as President of Digital for all of Riviera Broadcast Group. He also has a diversified track record with senior management success in radio, television, professional sports and digital. He is known for attracting top level management teams in major and large markets following his personal philosophy of "The Greatest Winners in Life Are Those That Help Others to Become Winners." 

Over his management career Presher has worked for CBS Radio in Los Angeles and Dallas, Cox Sports in San Diego, Belo Television in Portland, Oregon and Allbritton Television in Washington D.C., among other positions. 

Barry Mayo, President of the Radio Division, stated, "Dave Presher's wealth of experience in radio, TV and digital in such markets as Los Angeles, San Diego and Washington, D.C. is a welcome addition to our three FM stations in Columbus.  We are fortunate to have enticed such an innovative and motivational manager as Dave to join the Radio One family."

"I am humbled by the opportunity to join Radio One. I am a big fan of the Company's overall strategy.  The Columbus market is a great operation and Jeff Wilson, who is now the General Manager in Cleveland, as well as all the staff in Columbus, deserves a lot of credit for building a winning team.  I will do my best to bring all my experience and ideas to the market and take on the challenge of moving us forward!" said Mr. Presher.


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2010 MAAX Awards winners to be honored June 29th in Chicago

Target Market News will honor the recipients of the 2010 Marketing to African Americans with Excellence [MAAX] Awards on Tuesday, June 29th at the Wyndham Hotel in Chicago. The awards program annually recognizes the contributions, innovations and exceptional performance of African American professionals in the fields of marketing, advertising, media, public relations and consumer research. This year' honorees are:

Advertising Executive of the Year
Fay Ferguson
Co-CEO
Burrell Communications

Advertising Executive of the Year
McGhee Williams Osse
Co-CEO
Burrell Communications

Media Executive  of the Year
Debra L. Lee
Chairman & Chief Executive Officer,
BET Networks


Marketing Executive of the Year
Rob Jackson
Marketing Director,
McDonald's USA

Public Relations Executive of the Year
Wynona Redmond
President, National Black Public Relations Society

Lifetime Achievement Award
Rev. Jesse L. Jackson, Sr.
Founder and President, Rainbow PUSH Coalition


Lifetime Achievement Award
Earl G. Graves, Sr.
Chairman and Publisher
Earl G. Graves Ltd., Black Enterprise Magazine



Lifetime Achievement Award
Lerone Bennett, Jr.
Historian and Author,
Former Executive Editor of
Ebony Magazine


A limited number of tickets are still available for the MAAX Awards dinner at $150 per person. Tickets must be purchased in advance. Click here to purchase tickets online.


 $100 Discount Extended! 








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