Black Americans buying power to reach $1.1 Trillion by 2015....little to show for it

[Mr. Somebody]

Been saying this for years..
we are always gonna buy the most expensive
shyt we cant afford and the companys dont even
respect the black dollar.
the black dollar IS the fukkin economy.

The united states earns about 25 trillion per year.

 

[Marciano]

The united states earns about 25 trillion per year.

$25 trillion? We wish lol....

 

[mortuus est]

I had to lend my boy some money cause he spends on it bullshyt and trying to fukk bytches, i dunno man, did i do a bad thing lending him some money? its like he kept calling me for it, i gave him, now he aint calling to give it back, smarten up black people.

 

[havoc]

Where do they get their statistics from ?

How do they know we are going to spend that much money in 2015 ?

This black buying power is something I want to learn about. Somebody in here share your knowledge.

 

[Blackking]

We do a lot of talking. We should all do our parts, I plan to always to mine. Let just do it.. we are lost as fukk on average; but the under 15 crowd still has a chance to make our economic power work for them.

 

[insomniac]

I don't get these comments. Shouldn't this be seen as an accomplishment?

 

[Marciano]

Where do they get their statistics from ?

How do they know we are going to spend that much money in 2015 ?

This black buying power is something I want to learn about. Somebody in here share your knowledge.

According to this site, there's a report that you can buy where it's broken down

http://targetmarketnews.com/storyid04251301F.htm

This 105-page report breaks down how much of Black consumers' $836 billion in income was spent during 2011 on clothing, entertainment, food, beverages, toys, consumer technology, cosmetics, autos, travel and dozens of other categories.

Top 10 Expenditures in Black Households - 2011
(Figures shown in billion of dollars)

Housing and Related Charges $206.2
Food 70.7
Health Care 25.5
Cars and Trucks - New & Used 22.6
Apparel Products and Services 21.1
Insurance 20.6
Contributions 19.7
Telephone Services 18.2
Households Furnishings & Equipment 15.2
Media 9.7

Source: The Buying Power of Black America 2012