Blacks Spend Nearly $1 Trillion Annually in America
- With buying power of nearly one trillion annually, if African Americans were a country, they would represent the 16th largest economy in the world (slightly smaller than Canada but larger than Australia) – Nielsen 2011 State of the African American Consumer.
- Between 2000-2009, African American homes have experienced significant growth among households earning $75,000+ (up 63.9%) and households earning $100,000+ (up 88.7%) – Nielsen 2011 State of the African American Consumer.
- Nearly one out of every seven babies born in the United States are of African American descent – National Center for Health Statistics based on CDC's National Vital Statistics 2010.
- .There are 1,702 African American babies born daily; more than half a million AA babies (623,029 babies) join our population every year – Source: US Census Statistical Abstracts- Live Births, Birth Rates and Fertility Rates.
- Every hour on the hour, there are 71 African American babies entering the world's population– Source: US Census Statistical Abstracts- Live Births, Birth Rates and Fertility Rates.
Click here for the complete report.
Black Buying Power To Reach $1.1 Trillion, Report Finds.
Top Reports
16:23 Saffar Announces the Sale of Zawya to Thomson Reuters
16:13 AfDB to hold High Level Policy Dialogue on Youth Employment in Africa
16:09 Atwood Oceanics To Present At The Global Hunter Securities 100 Energy Conference
15:34 Handing Over Minilabs to TFDA to Combat Counterfeit and Inferior Medicines
15:32 The Chairperson of the African Union Commission (AUC) congratulates Dr. Mohamed M. Morsi, on His Election as President of Egypt
15:30 Ernst & Young Earthwatch Ambassadors Travel to Brazil and Costa Rica to Help Local Businesses with Environmentally and Economically Sustainable Practices
15:26 ECOWAS MEMBER STATES URGED TO ELIMINATE BARRIERS TO IMPLEMENTATION OF REGIONAL FREE MOVEMENT PROTOCOL
15:16 SHL Launches Veterans' TotalMatch Solution to Improve Success Hiring Veterans into Private Sector Jobs
14:54 Invest in Africa y el Sunderland Football Club anuncian una asociaci?n pionera
14:06 Acuo Technologies Chosen for Large Multi-Hospital VNA Contract in the U.K.
14:00 Marvell Extends Leadership with Worldwide Adoption of Its WCDMA Solutions with Samsung's New GALAXY Xcover Android Smartphone
13:35 Invest in Africa et Sunderland Football Club annoncent un partenariat novateur
13:32 Invest in Africa and Sunderland Football Club Announce Pioneering Partnership
13:30 Synthesis Energy Systems Completes Testing of Turkish Lignite Coals for Small Scale Power Generation Projects
13:30 Rockwell provides production update for first quarter of fiscal 2012 ending May 31, 2012
13:30 Energy Edge Announces "Africa Initiative"
13:18 #INTHEBLACK Launches to Highlight Black Spending Power
13:11 Invest in Africa und Fu?ballverein Sunderland k?ndigen wegweisende Partnerschaft an
13:01 TV's Long Island Medium Theresa Caputo Channels The Dearly Departed Negotiator In New Priceline.com TV Spot
Tweet
Comments