Tuesday, May 28, 2013

African American purchasing power now projected to hit $1.1 trillion by 2015

Black purchasing power in the United States. SOURCE/ReachingBlackConsumers.com

(PRNewswire) - Nashville, Tennessee - As the U.S. economy begins to regain some traction, it has become apparent the African American population is now an economic force to be reckoned with.

Their purchasing power is projected to be US$1.1 trillion by 2015. According to the Nielsen Company study, "African-American Consumers: Still Vital, Still Growing," this population's growth outpaces the rest of the

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