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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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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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