Spending power of African-Americans in 2008



Stat: Spending power of African-Americans / Blacks in the US totaled $913 billion.

Stat Categories: African-American Stats

Tags: African American African American,Black African American,Black,Negro

Years:

Stat Source: Unknown

Publisher (site that mentioned this stat): Black Enterprise

Submitted By: Michael Raeford

Related Categories: None


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Stat Data / Info Details
African-American book buyers tend to be younger females (18-35) with incomes higher tha... See Full Stat Info
African-American Internet users spend a monthly average of 44 hours on the web. See Full Stat Info
Black travelers are educated (at least one household member has a college degree), affl... See Full Stat Info
Mean income by degree for Black workers age 25 or older in 2001 was: $18,935 high schoo... See Full Stat Info
Their most popular U.S. destinations for Black travelers are Atlanta; Las Vegas; Washin... See Full Stat Info
60% of African-American male high-school dropouts born between 1965 and 1969 had been i... See Full Stat Info
African American adults are twice as likely than their White adult counterparts to have... See Full Stat Info
African American owned businesses / firms generate $71.2 billion in revenue. See Full Stat Info
77% of Blacks, compared to 92% of Whites, felt progress has been made in educational eq... See Full Stat Info
African American males were 60% more likely to die from a stroke than their White adult... See Full Stat Info
A $35 billion travel and tourism industry reflects a significant increase in travel by ... See Full Stat Info
Law (51.2%) and medicine (20.0%) for first-professional degrees which was comparable to... See Full Stat Info
African American males were 60% more likely to die from a stroke than their White adult... See Full Stat Info
71% of African Americans say it is important to keep up with the latest technology prod... See Full Stat Info
An estimated 71% of Blacks in 2002 had brokerage or mutual fund accounts, up from 50% i... See Full Stat Info
The average life expectancy increased at nearly double the rate of white males between ... See Full Stat Info
The National Bar Association has over 20,000 lawyers, judges and law student members. See Full Stat Info
In 2000, median income of African-Americans was $30,436, a 27.6% increase from 1990 ver... See Full Stat Info
Black men: 15.9 million strong in 2000, representing 47.5% of blacks. See Full Stat Info
32.5% of African American families are married couple families See Full Stat Info
Twice as likely as any other group to travel 1+ hours to their favorite store and to go... See Full Stat Info
African Americans have the highest spending power among ethnic groups and tend to be mo... See Full Stat Info
16.3% of those ages 25+ were at least college graduates in 2000 compared 8.4% in 1980. See Full Stat Info
78% of Blacks (versus 89% of Whites) were satisfied with their educations, according to... See Full Stat Info
The increase in degrees conferred to Blacks (1980 versus 2000) - Associate's 80.%, Bac... See Full Stat Info
Over 80% of National Black MBA Association members annually earn in excess of $75,000. See Full Stat Info


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