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 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $679 Billion (2004)

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.

Click here for more stats from "The Buying Power of Black America."
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NABOB calls for its members to oppose further deregulation of broadcast industry

(October 10, 2006)The National Association of Black-Owned Broadcasters is rallying its members to oppose any further deregulation through an expansion of the 1996 Telecommunications Act. Since its implementation, said the association’s officials, African American ownership of broadcast stations has gone down significantly.

The FCC issued a Notice of Proposed Rule Making on July 24, 2006, proposing to amend its broadcast ownership rules to allow further consolidation in the broadcast industry. “This is a matter of great concern to all members of NABOB,” said executive director, Jim Winston (above), in a statement to members.

“The deregulatory actions of the Congress and the FCC over the past decade have resulted in a 20% decline in the number of African American owners of broadcast stations. Additional deregulation will most certainly lead to a further decrease in the number of African American owners of broadcast stations.”

As an initial step in the Rule Making proceeding to consider revisions to its ownership rules, the FCC held a field hearing in Los Angeles on October 3. Congresswoman Maxine Waters, Congresswoman Diane Watson and Rev. Jesse Jackson spoke against further consolidation at the hearings. Commissioner Michael Copps and Commissioner Jonathan Adelstein, who both voted against rule changes in 2003, again expressed their opposition to allowing further consolidation.

Also speaking out against consolidation were leading Hollywood producers, writers, actors, musicians and representatives of the unions. The over 400 attendees at the hearing were almost universally opposed to further media consolidation.

“NABOB will actively oppose further deregulation,” said Winston. “We ask all member stations to provide information about the impact of consolidation upon your stations and upon the communities you serve.


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 12th Annual Edition Available 
Latest 'Buying Power' report shows black consumers spending more on home life

As the American economy continues to move sluggishly, African-American households are curtailing their spending in many categories, including food, clothing and basic household items, while investing more in home repair, home entertainment and consumer electronics. Although they are trimming back, black consumers are still spending more than their white counterparts on most of these products.
Story and statistics continued

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