Benefit of the purchasing power of the African-American community.



Stat: Some experts state that the purchasing power of the African-American community would make us the 5th largest country in the world.

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): Advertising Educational Foundation

Submitted By: Michael Raeford

Related Categories: None


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Related Stats / Figures


Stat Data / Info Details
1.75 million African-Americans own homes valued at $200,000 or more. See Full Stat Info
African-American targeted media outlets reach 89% of this population. See Full Stat Info
In 2005, African Americans aged 65 and older were 40% less likely to have received the ... See Full Stat Info
The #1 reason for investing by Blacks vs. Whites is dramatically different: Children/C... See Full Stat Info
Majorities of all racial groups would rather live in racially mixed neighborhoods than ... See Full Stat Info
24.5% / percent of African-Americans in comparison to 8.2% / percent of non-Hispanic Wh... See Full Stat Info
African American adults are twice as likely than their White adult counterparts to have... See Full Stat Info
The infant mortality rate for African American mothers with over 13 years of education ... 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
African American expenditures on new and used vehicles reportedly doubled in about 5 ye... See Full Stat Info
Campuses and students have substantial spending power, an estimated $2.5+ billion in 19... See Full Stat Info
Over 80% of National Black MBA Association members annually earn in excess of $75,000. See Full Stat Info
Circulation of Black Issues Book Review grew to 65,000 in less than 2 years. See Full Stat Info
The National Medical Association has over 25,000 physician members. 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
34% will travel 1+ hours to shop at a factory outlet, compared to 27% of all consumers. See Full Stat Info
Blacks are twice as likely as Hispanic and Asian males to have been registered voters a... See Full Stat Info
Blacks spend 33% more on weekly groceries compared to the general population See Full Stat Info
There were approximately 823,500 million African American-owned businesses in 1997, a 2... See Full Stat Info
Black advanced degree holders realized a 54.0% increase in pay from $39,104 to $60,207. See Full Stat Info
Black travelers are educated (at least one household member has a college degree), affl... See Full Stat Info
Among non-investors, 42% of Blacks versus 21% of Whites are likely to start investing s... See Full Stat Info
Only about 1% of advertising budgets are devoted to campaigns targeting African Americans See Full Stat Info
African Americans had 1.8 times the sudden infant death syndrome mortality rate compare... See Full Stat Info
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In 2007, 49 percent of African-Americans in comparison to 66 non-Hispanic Whites used e... See Full Stat Info


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