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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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NAMIC calls for nominations for Executive Leadership Development Program

(July 26, 2010) The National Association for Multi-ethnicity in Communications (NAMIC) is now accepting nominations for its Executive Leadership Development Program (ELDP), presented in partnership with the UCLA Anderson Graduate School of Management. Targeting upper middle managers of color (directors with a minimum of two years at that level and above), the 2010-2011 cadre will be the program's tenth. The Executive Leadership Development Program takes place on the UCLA campus, and is facilitated over four sessions. Spanning a seven-month timeframe, sessions are planned for October and December, 2010, and February and May, 2011. The nominations deadline for the Executive Leadership Development Program is August 6, 2010.

"As NAMIC prepares for the start of ELDP Class X this fall, we are honored to reach this significant milestone," said Kathy Johnson, president of NAMIC. "Since its launch in 2001, ELDP has become symbolic of our strong partnership with our member companies and those within the industry that share our commitment to further accelerating minority advancement at the executive level."

The Executive Leadership Development Program was created for NAMIC by the Anderson School's Office of Executive Education Programs, renowned for its leadership institutes focused specifically on the African American, Latino and Asian populations. The central goal of the NAMIC ELDP is to develop a pipeline of multi-ethnic business leaders who will be well prepared to assume the top roles within the communications industry. A total of 290 professionals of color have graduated from the NAMIC ELDP to date.

Emphasizing professional growth, the program addresses the unique challenges faced by executives of color in the communications industry, while strengthening the business competencies that all executives must have in order to be successful. The ELDP curriculum focuses on the critical knowledge related to marketing, finance, business strategy, operations management, negotiation, and maximizing multi-cultural teams. For those seeking advanced degrees, UCLA will confer nine CEU (Continuing Education Units) credits upon successful completion of the Executive Leadership Development Program.

In support of NAMIC's ongoing effort to broaden the reach of its education programs, the alumni of ELDP Class IX will sponsor tuition fellowships for participation in one of the 2011 NAMIC Leadership Seminars. This program targets professionals still in the comparatively early stages of their careers. Fellowships will be awarded to individuals from small communications industry companies that would otherwise not have adequate budgets to support eligible Leadership Seminar candidates.

"In this economic climate, the contribution made by the members of ELDP Class IX is a great honor," said Johnson. "NAMIC is thrilled to extend these fellowships to individuals working at small companies that may not have the resources to offer participation in high-level professional development programs such as the NAMIC Leadership Seminars."

Eligibility information and nominations criteria for the Executive Leadership Development Program can be accessed by visiting http://www.namic.com/ or contacting the NAMIC national headquarters at 212-594-5985.

NAMIC (National Association for Multi-ethnicity in Communications) is the premier organization focusing on multi-ethnic diversity in the communications industry. Founded in 1980 as a non-profit trade association, today NAMIC comprises 2,000 professionals belonging to a network of 18 chapters nationwide. Through initiatives that focus on education, advocacy and empowerment, NAMIC champions equity and inclusion in the workforce, with special attention given to ensuring that the leadership cadres of our nation's communications industry giants reflect the multi-ethnic richness of the populations they serve. For more information, please visit www.namic.com.


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