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
18.3% held such positions in 2000 compared to about 12% in 1990. See Full Stat Info
Buying power for Blacks increased 102% from 1990 to 2002, reaching $645.9 billion. See Full Stat Info
Blacks are more likely to be on the cutting edge of new technologies and in 2000, they ... See Full Stat Info
Also in 2007, 23.8 percent of African-Americans in comparison to 9 percent of non-Hispa... See Full Stat Info
95% of the income of Blacks go to businesses outside of the Black community. See Full Stat Info
Two-parent family groups increased at nearly double the U.S. rate from 1990 to 2000 and... See Full Stat Info
Although African Americans make up only 13% of the total U.S. population, they accounte... See Full Stat Info
27.8% of households had income of $50,000 or more in 2000 compared to 15.4% in 1980. See Full Stat Info
African Americans are concentrated in the following geographic regions: 54.8% in the so... See Full Stat Info
Education (31.7%) and business (25.8%) are the most popular areas of interest for Maste... See Full Stat Info
66% of Black households take vacations. See Full Stat Info
Blacks average weekly store visits and spending are higher than the general market. See Full Stat Info
African-American targeted media outlets reach 89% of this population. See Full Stat Info
Mean earnings for Blacks increased by 59.7% between 1990 and 2000 to $30,109. See Full Stat Info
Less likely to be married: 46.7% versus 67.4% of white males ages 18+ in 2000. See Full Stat Info
34% are likely to keep up with changes in trends and fashions compared to 25% of Whites See Full Stat Info
77% of Blacks, compared to 92% of Whites, felt progress has been made in educational eq... See Full Stat Info
1.75 million African-Americans own homes valued at $200,000 or more. See Full Stat Info
86% of Blacks and 66% of Whites would not object to their child or grandchild marrying ... See Full Stat Info
The average life expectancy increased at nearly double the rate of white males between ... See Full Stat Info
In 2007, 49 percent of African-Americans in comparison to 66 non-Hispanic Whites used e... See Full Stat Info
The median income of Blacks ages 25+ with degrees is at least 45% higher than those wit... See Full Stat Info
African-American Internet users spend a monthly average of 44 hours on the web. See Full Stat Info
45% of black Americans with online access found the Internet useful for getting health ... See Full Stat Info
60% of adult parolees are African-American males See Full Stat Info
4.3% of African-Americans hold advanced degrees. See Full Stat Info


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