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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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Syd Small, a pioneering owner in radio broadcasting, dies unexpectedly at 72

(August 9, 2010) Sydney "Syd" L. Small, one of the nation's pre-eminent African-American broadcast owners for more than three decades, died suddenly this past weekend in New York. He was 72 years old.

His death was confirmed by Access.1 Communications where he was chairman and CEO. Further information about his passing was not immediately available. The company owns radio stations in New York, New Jersey, Pennsylvania, Texas, and Louisiana, also has television stations in Atlantic City and New Jersey.

Small's pioneering career as an owner in broadcasting spanned 37 years. A native of Brooklyn's Bedford-Stuyvesant, he left an executive position at Time Inc. in 1972 to co-found, with partner Eugene Jackson, Unity Broadcasting Network and National Black Network. NBN was the first African American-owned line connected radio network in the U.S.

In 1991, in what was to that point the biggest deal in the history of black radio, National Black Network and Sheridan Broadcasting Corporation came together to form what is now American Urban Radio Networks. Today, AURN is the only African-American owned network radio company in the United States. It is the largest network reaching urban America, with more than 200 weekly shows reaching an estimated 20 million listeners.

Access.1, which owns 49% of AURN, also owns SuperRadio, a general market syndication company which distributes 40 radio programs through over 1400 affiliate agreements with more than 725 radio stations.

"Sydney Small was a great friend and colleague," said Jim Winston of the National Association of Black Owned Broadcasters. "We worked together on NABOB related issues for over 25 years, and throughout that time I always knew I could count on him for guidance and support.  He was always ready to give his time and resources to promote the success of black broadcasters. On a personal level, he was a very good hearted person with a great sense of humor, and he tried to help people in any way he could. I and everyone in NABOB will miss him greatly."


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