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African American Spending Power 2024

African American Spending Power 2024. The black population in the u.s. Here, demographics is a key driver.


African American Spending Power 2024

Our research revealed that black consumers’ unmet needs along the dimensions of access and quality—not including future growth—are worth $300 billion per year in consumer spending: Cellular sales, while only accounting for 14% of the overall population.”.

Our Research Revealed That Black Consumers’ Unmet Needs Along The Dimensions Of Access And Quality—Not Including Future Growth—Are Worth $300 Billion Per Year In Consumer Spending:

Here, demographics is a key driver.

More Than 35 Percent Of All.

Reached $1.9 trillion, which is larger than the gdp of italy and slightly smaller than the gdp of france.

The Nation’s African American Buying Power Has Risen To Over $1 Trillion Dollars.

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The State Of Black Consumers:

The report reveals that black spending power has reached $1.2 trillion.

Looking Ahead, Our Collective Spending Power Is Set To Rise, Hitting $1.8 Trillion By 2024, According To Nielsen.

Reached $1.9 trillion, which is larger than the gdp of italy and slightly smaller than the gdp of france.

The National Average Of 2.52.