Thank you to Packages Fact, we continue to gain valuable insight into a growing market that holds economic significance.
Between 2000 and 2006, the African-American population increased by 2.4 million, or 7%. In contrast, the population of non-Hispanic Whites grew by only 1.6%. However, population growth rates for Hispanics (26%) and Asians (24%) were much higher.- Packaged Facts’ The African-American Market in the U.S.
Further….Packaged Facts share with Diversity Affluence that:
There are 2.4 million affluent African-American households with household incomes of $75,000 or more in the U.S. They account for 17% of all African-American households but 45% of total African-American buying power.
Tags: African American Consumer Research, African American Purchasing Power, diversity affluence, Packaged Facts' African American Market in the U.S.
