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The U.S. African American Market, the 6th edition of this Packaged Facts report, analyzes the consumer behavior and attitudes of the 38 million African American consumers, who have approximately the same purchasing power as Hispanics in the United States and wield robust purchasing power in many major metropolitan markets. The report begins with a section analyzing key demographic characteristics of the African American market such as population growth rates. The report continues with an in-depth analysis of the consumer behavior of African Americans and provides an overview of consumer expenditure patterns, shopping behavior, and profiles of consumer attitudes in key areas including food, health and pharmaceuticals, and technology and the Internet. Separate chapters analyze regional differences in African American consumer behavior and provide an in-depth look at African American families as a consumer unit. The next section includes a chapter on how African Americans spend leisure time—including an analysis of home entertainment activities, movie-going patterns, and vacation and travel preferences—and a chapter on media usage by Black consumers. The final section identifies key trends in the African American market, including buying power growth rates, emerging marketing strategies, and strategic trends and opportunities. Multicultural marketers have appropriately assigned a high priority to the Hispanic market because Hispanics have emerged as the population segment expected to grow most rapidly in coming decades. However, the African American market remains highly important because it includes segments with the potential to outperform the purchasing power of their Hispanic counterparts. For example, there are significantly more African American families with an income of $75,000 or more (1.9 million vs. 1.6 million). The African American population has fewer married-couple families, but their mean income is nearly 17% higher than Hispanic married couples because African Americans are more likely to have both husband and wife in the labor force.
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