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


Share on:

Related Stats / Figures


Stat Data / Info Details
Nationally, a mere quarter of the 1.9 million black men (~500,000) between 18 and 24 at... See Full Stat Info
African American females had more than 21 times the AIDS rate of non-Hispanic white fem... 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
27.8% of households had income of $50,000 or more in 2000 compared to 15.4% in 1980. See Full Stat Info
African American businesses account for 27% of minority-owned firms See Full Stat Info
39% lived in suburban areas in 2000, reflecting improved socioeconomic status which has... See Full Stat Info
They are considered the most fashion conscious racial/ethnic group, and they are more l... See Full Stat Info
Blacks are twice as likely as Hispanic and Asian males to have been registered voters a... See Full Stat Info
Buying power for Blacks increased 102% from 1990 to 2002, reaching $645.9 billion. 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
39.3% of 18-24 year old high school graduates were enrolled in degree granting institut... See Full Stat Info
Their purchases of computer and related equipment increased 33% between 1999 and 2000 t... See Full Stat Info
The National Black MBA Association has over 100,000 MBAs and 6,000+ members. See Full Stat Info
African American owned businesses / firms generate $71.2 billion in revenue. See Full Stat Info
32.5% of African American families are married couple families See Full Stat Info
African American adults are twice as likely than their White adult counterparts to have... See Full Stat Info
Their college enrollment increased 71.2% during 1980-2000 versus 10.6% for white males;... See Full Stat Info
Majorities of all racial groups would rather live in racially mixed neighborhoods than ... See Full Stat Info
The original "notorious nine" black fraternities and sororities have about one million ... See Full Stat Info
Some experts state that the purchasing power of the African-American community would ma... See Full Stat Info
In 2002, African American men were 2.1 times as likely to start treatment for end-stage... See Full Stat Info
77% of Blacks, compared to 92% of Whites, are satisfied with their opportunities to suc... See Full Stat Info
Only 50% of Blacks in 2003 (a slight decrease from 1962 results) said Black children ha... See Full Stat Info
Campuses and students have substantial spending power, an estimated $2.5+ billion in 19... See Full Stat Info
Black buying power will rise to $1.2 trillion in 2013 -- and that this number will tran... 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


News / Press / Blogs Mentioning This Stat


There are no news articles listed.

Market Research Reports Mentioning / Related to this Stat / Figure


There are no reports listed.

Comment on this Stat


Edit | Back