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Email Share separate addresses by comma African-American consumers are making gains and upending outdated stereotypes on multiple fronts—from education and income to social media and civic engagement—with affluence, influence and cultural diversity all on the rise.
The youthfulness and vitality of African-American consumers—bolstered by an influx of affluent and educated immigrants—and historic education attainment is amplifying the buying clout and expanding the influence of these consumers across a wide spectrum of services and goods.
Household Incomes on the Rise The median income of black households has increased 3. Growth in black household income is projected to continue, as larger segments of young African-Americans join the workforce for the first time or are promoted from entry-level jobs as they age.
The significantly younger median age of blacks compared to the general population means that fewer African-Americans have reached their career pinnacles and have more years of increasing income potential. In fact, the college enrollment rates for African-Americans jumped significantly in to Bureau of Labor Statistics.
Sincethe number of black immigrants has more than quadrupled, reaching a record 3. Black immigrants now account for 8.
Black immigrants are already having a significant impact in areas such as Miami, New York and Washington, D. And the surge in the black immigrant population in the U. Bythe U.
Census predicts that one out of every six U. Education is also very important to African immigrants, which suggests that a large part of African immigration may be more a result of a quest for opportunity than fleeing from poverty, contradicting much public perception.
Additional highlights from the report include:a) effectively spread images of working-class life to a growing number of Americans. b) tried to replace newspapers as the most common source of information but failed. c) became the nation's least favorite form of leisure activity.
African-Americans: Demographic and Consumer Spending Trends, 10th Edition The African-American population continues to face daunting economic challenges.
Yet, key social and economic indicators point to a significant increase in the number of middle- and higher-income African-Americans over the past decade.
The last census count during slavery in counted 4,, African Americans of which 89% were slaves.
By the turn of the century () the Black population grew to more than 8 million and more than doubled every 50 year period since reaching 42 million by . African-Americans ages 18–34 and 35–54 grew in number by 33% and 10%, respectively, but maintained relatively steady shares of the total Black population.
To put a number on it, African-Americans are at percent – less than three-fourths – when it comes to achieving equality with white Americans, according to the study, which addressed economics, health, education, civic engagement and social justice.
While African-Americans accounted for % of the total U.S. workforce in , they filled only % of all positions in the nation's advertising, marketing and public relations agencies. By.