African-American Buying Power Nears $1.1 Trillion

Nov 9, 2011 Full story: KSOC-FM Dallas 173

Black buying power is expected to reach $1.1 trillion by 2015, according to The State of the African-American Consumer Report.

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“Shove your "Warnings"”

Since: Jul 11

where da sun don't shine....

#3 Nov 9, 2011
Maybe they'll finally buy a clue.
auntie bee

Mount Vernon, IA

#4 Nov 9, 2011
did opera really hand out that many KFC coupons?

“Don't Start Nothing ”

Level 8

Since: Sep 07

It won't be nothing

#5 Nov 9, 2011
SMDH!

Since: Apr 11

Fort Lauderdale, FL

#6 Nov 9, 2011
Sounds like it would be wise to invest in companies that make 22" wheels and malt liquor in 2015.

Since: Oct 09

Location hidden

#7 Nov 9, 2011
Yeah were getting richer!

“My hand is over my crotch.”

Level 8

Since: Jan 10

It's time to put it to use

#9 Nov 9, 2011
Good for us American blacks

“A Style Identical to None”

Level 3

Since: Apr 07

Location hidden

#10 Nov 9, 2011
oh _ ReaIIy ___ wrote:
Maybe they'll finally buy a clue.
Would be nice right?

“A Style Identical to None”

Level 3

Since: Apr 07

Location hidden

#11 Nov 9, 2011
emperorjohn wrote:
Good for us American blacks
How so?

“A Style Identical to None”

Level 3

Since: Apr 07

Location hidden

#12 Nov 9, 2011
sassyntrashy wrote:
Yeah were getting richer!
What do you mean by "we"???

“A Style Identical to None”

Level 3

Since: Apr 07

Location hidden

#13 Nov 9, 2011
AA Buying Power has been on the rise since the late 60's, early 70's. It's too bad that so many (AA's) have chosen not to recognize and/or to ignore the potential state of liberalism it could bring...

Since: Oct 09

Location hidden

#14 Nov 9, 2011
man alive wrote:
<quoted text>What do you mean by "we"???
I am happy my fellow american blacks are get rich because I know I will be rich some day too!

“A Style Identical to None”

Level 3

Since: Apr 07

Location hidden

#15 Nov 9, 2011
sassyntrashy wrote:
<quoted text>I am happy my fellow american blacks are get rich because I know I will be rich some day too!
Cool...hopefully we'll all prosper together :)

“You Can Fall”

Level 9

Since: Nov 10

But You Can Rise Also

#16 Nov 9, 2011
No links, no stats… nothing but haters!

I love it! Carry on…
Bigsmoke

London, UK

#17 Nov 9, 2011
If only you guys were united which I don't suggest because that will be racial segregation again it would matter. Untill then why can't you just settle for the fact that the USA has $14.6 trillion!(Number 1.)?

Poor little UK as well as France only have $2.1 trillion each..... You guys need to thank the UK and France for selling out in WW2 and post WW2 decolonization.
Nanci

Scranton, PA

#18 Nov 9, 2011
"African-American Buying Power Nears $1.1 Trillion"

And they spend half that on Asian and White hair extensions.

"Black Women Spend Half a Trillion Dollars on Haircare and Weaves ..."
http://www.google.com/url...

That is so sad

Level 5

Since: Aug 11

Location hidden

#19 Nov 9, 2011
MsNewNew wrote:
No links, no stats… nothing but haters!
I love it! Carry on…
Hi.

http://www.terry.uga.edu/news/releases/2010/m...

The Selig Center report projects that over the past decade, the nation’s total buying power rose from $7.3 trillion to $11.1 trillion, a 52 percent increase that far outstrips inflation.

So, you're finally up to 10%. Just imagine how excited you'll be when it finally comes close to your percentage of the population.

“A Style Identical to None”

Level 3

Since: Apr 07

Location hidden

#20 Nov 9, 2011
MsNewNew wrote:
No links, no stats… nothing but haters!
I love it! Carry on…
No haters here...Just unrecognized and untapped potential (by AA's)

Why continue to let others prosper?...

Marketers target black buying clout
Makers of beauty products acknowledge power female minority shoppers wield in U.S. economy
By Dan Sewell Associated Press

“A Style Identical to None”

Level 3

Since: Apr 07

Location hidden

#21 Nov 9, 2011
Bigsmoke wrote:
If only you guys were united which I don't suggest because that will be racial segregation again it would matter. Untill then why can't you just settle for the fact that the USA has $14.6 trillion!(Number 1.)?
Poor little UK as well as France only have $2.1 trillion each..... You guys need to thank the UK and France for selling out in WW2 and post WW2 decolonization.
How would uniting be racial segregation?

“Freedom”

Level 8

Since: Jan 10

United States

#23 Nov 9, 2011
Yup if African Americans was a country, we'd be ranked #16 as the wealthiest. Pretty amazing considering AA History. Ironically tho the AA community are not really reapin' all the benefits due to so many broken communities. It's the same way in Africa, they have a abundance of resources but many are not reapin' the benefits. This is a case of BP not knowing their worth or only seeing worth in everyone else.
auntie bee

Mount Vernon, IA

#24 Nov 9, 2011
is peanutbutter sales going up that much too?

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