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
Buying power for Blacks increased 102% from 1990 to 2002, reaching $645.9 billion. See Full Stat Info
32.5% of African American families are married couple families See Full Stat Info
79.5% of those ages 25+ completed high school or more in 2000 compared to 51.4% in 1980... See Full Stat Info
African American infants were almost four times as likely to die from causes related to... 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
64% pleasure trips, including 46% for trips to visit friends and family, and 21% busine... See Full Stat Info
66% of Black households take vacations. See Full Stat Info
African American males were 60% more likely to die from a stroke than their White adult... See Full Stat Info
Procter & Gamble was the largest advertising spender targeting African Americans / Blacks. See Full Stat Info
They are impulse shoppers, and only about 36% claim to use a shopping list often; thus,... See Full Stat Info
Blacks are 3 times more likely to go on group tours and attend cultural events or festi... See Full Stat Info
African Americans are 80% more likely to buy products from companies that give back to ... See Full Stat Info
African-American targeted media outlets reach 89% of this population. See Full Stat Info
Blacks are twice as likely as Whites (68% compared to 34%) to think that black children... See Full Stat Info
71% of African Americans say it is important to keep up with the latest technology prod... See Full Stat Info
There were approximately 823,500 million African American-owned businesses in 1997, a 2... See Full Stat Info
1.75 million African-Americans own homes valued at $200,000 or more. See Full Stat Info
African Americans have the highest spending power among ethnic groups and tend to be mo... See Full Stat Info
74% have access to the web as of 2003, an increase from 51% in 2001, versus 75% of the ... See Full Stat Info
African American owned businesses / firms generate $71.2 billion in revenue. See Full Stat Info
Additionally, the growing Black interest in books has fueled growth in Black book clubs... See Full Stat Info
51% of African Americans were homeowners in 2002, up from 42% in 1990 See Full Stat Info
59.6% were registered to vote in 2000 compared to 55.2% in 1994. See Full Stat Info
In 2007, the unemployment rate for Blacks was twice that for non-Hispanic Whites (8 per... See Full Stat Info
In 1999 there were 757,000 black men in federal, state and local prisons (there were 25... See Full Stat Info
In 2005, African American men were 30% more likely to die from heart disease, as compar... See Full Stat Info


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