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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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Bureau Data

Click here to go to African-American Census Bureau data

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© 2006 by
Target Market News Inc.

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African-American Magazine Summit to bring together publishing industry’s best
Former top 'Vibe' execs to be reunited on panel

(October 16, 2006) Some of the industry’s best-known executives in magazine publishing, marketing and will be among those attending the Fourth Annual African-American Magazine Summit on November 3, 2006 in New York City. This highly anticipated gathering is the only event that is devoted exclusively to black magazine publishing.

The one-day conference is presented by Target Market News and sponsored by Time Warner and the Magazine Publishers of America. It will be take place at the Time and Life Building.

”The African-American magazine market is booming and continues to serve readers and marketers in unique ways,” said Ken Smikle, president of Target Market News. “This conference is an opportunity for publishers, advertisers and other industry professionals to exchange information and learn more about developments and new opportunities.”

Among the speakers that are confirmed for the Summit are:

Leonard E. Burnett Jr. (above), Vice President/Group Publisher – Vibe Magazine; Keith Clinkscales, Sr. Vice President and General Manager – ESPN Publishing;
Brett Wright, Co-Founder/Chief Creative Officer - Uptown Magazine; Deborah Gray-Young, Vice President/Director of Media and Strategic Services – E. Morris Communications; Kenard Gibbs, President of Mad Vision Entertainment and former publisher of Vibe Magazine; Sheryl Hilliard-Tucker, Executive Editor – Time Inc.; Aiesha Powell, Director of Research – Johnson Publishing Company and Carlos Pelay, president of Media Economics Group.

Included among the topics to be covered in the all-day Summit are “The African-American Magazine Market: What Research Reveals;” “Start-Ups and Acquisitions: Finding Opportunities, Facing Challenges;” and “Giving Ad Agencies and Advertisers What They Want.”

The 2005 African-American Magazine Summit had a capacity attendance. For more information on the agenda and how to register for this year’s conference, go to 2006 African American Magazine Summit at TargetMarketNews.com.


Go to Target Market News homepage

 


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The African-American
Book Publishing Authority


Now in its seventh year of publication, Black Issues Book Review is the only nationally distributed magazine devoted exclusively to covering the latest news and reviews on black books. BIBR also provides up-to-date news on forthcoming author signings, book fairs and book clubs.
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A TARGET MARKET NEWS PUBLICATION
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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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