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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Chicago, IL 60604
Media president Stu Olds, supporter of Urban radio, dies at the age of
(December 7, 2010) Katz Media's President and CEO, Stu Olds died early
Saturday morning after a battle with Myelodysplastic syndrome, or MDS, a
type of leukemia. Old, a thirty-year veteran of the radio industry, was
one of the business' most respected executives.
Among Olds' last public speaking engagements was this past September's
Power of Urban Radio and NABOB where he re-affirmed Katz Media Group's
commitment to the success of Urban radio and greater diversity in the
"I was deeply saddened to hear of Stu's passing," said Jim Winston,
executive director of NABOB. "He was always a strong supporter of NABOB
and a genuine ally for urban radio. He will be sorely missed. NABOB send
its thoughts and prayers to his family."
"Stu Olds was an icon in the national radio representative stage." said
Sherman Kizart of Kizart Media Partners. "He single-handedly
distinguished the Katz Radio brand as the dominant national radio entity
over the past 20 years. He took the infamous Katz memo in 1999 and
transformed the Katz Media Group's commitment to Urban radio and
diversity. He will be greatly missed."
Olds, who was 60, was named CEO of the Katz Media Group in 2000. He
started in Katz's Chicago office in 1977, and worked his way up to
President of Katz Radio in 1987 and President of the Katz Radio Group in
A memorial service and the family's intentions regarding cards and
contributions will be announced soon.
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...