Black Stats Frequently requested
data on African American consumers
Black Buying Power:
$836 Billion (2010)
Black U.S. Population:
Top Five Black Cities
- New York
Top Five Black Metros:
- New York-New Jersey
- Los Angeles
Top Five Expenditures:
- Housing $203.8 bil.
- Food $65.2 bil.
- Cars/Trucks $29.1 bil.
- Clothing $29.3 bil.
- Health Care $23.6 bil. ______________________
Quick access to key stats
Click here to go to African-American Census Bureau
2010 by Target Market News Inc. All rights reserved
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appoints Eric Peterson to additional position of U.S. Vice President for
8, 2010) General Motors has announced that Eric Peterson has been named
U.S. Vice President, Diversity. Peterson, 58, will also continue to
serve as director, industry dealer affairs, where he manages
relationships with GM's National Dealer Council, Minority Dealer
Advisory Council, and Women's Dealer Advisory Council, as well as with
the National Automobile Dealers Association.
In his new role, Peterson reports to Mark Reuss, president, GM North
America, and Mary Barra, vice president, global human resources. In his
role as director, industry dealer affairs, Peterson will continue to
report to Jim Bunnell, general manager, dealer network and sales
"GM has a rich heritage of being at the forefront on diversity issues,
and Eric will play a key role as we continue to build on this," said
Reuss. "As a global company, with operations in more than 120
countries, we are committed to a culture of diversity and inclusion. We
believe this will give GM a strategic advantage in designing, building,
and selling the world's best vehicles."
"I am excited to be able to help strengthen GM's ongoing commitment to
diversity with our customers, employees, dealers, suppliers, and
communities," said Peterson. "My belief has always been that
understanding and embracing our differences makes us stronger and helps
GM win in the marketplace."
Prior to his current assignment, Peterson served as regional sales and
marketing manager in GM's South Central Region. Peterson also led GM's
dealer development organization, which spearheaded efforts to appoint
more minorities and women as dealer operators in GM's retail dealer
JUST RELEASED New
'Buying Power' report: Black consumers spend as economy grows Details $507
1, 2010) African-American consumers are cautiously increasing their
spending in some key product categories, even as they continue to make
adjustments in a slowly growing economy. The finding comes from the soon
to be issued 16th annual edition of "The Buying Power of Black America"
In 2009, black households spent an estimated $507 billion in 27 product
and services categories. That's an increase of 16.6% over the $435 billion
spent in 2008. African-Americans' total earned income for 2009 is
estimated at $836 billion...