| Blacks spend Billions of dollars on their hair; How much spent on education | |
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| Topic Started: Nov 10 2009, 07:41 PM (2,344 Views) | |
| White Man | Nov 10 2009, 07:41 PM Post #1 |
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I hear people talking about that Chris Rock movie, from what I heard in that movie Chris Rock say that blacks spend Billions of dollars a year on hair care product. I wonder how much do blacks spend on books and educational things? |
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| 'Los | Nov 10 2009, 07:49 PM Post #2 |
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'Los
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What chris rock movie? the old one "head of State? |
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| White Man | Nov 10 2009, 07:54 PM Post #3 |
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The new Chris Rock movie, that he was on Oprah Show talking about. He said that blacks spend Billions of dollars on hair care products, and he said they don't even own the companies that make those products. I didn't say it, he said it. |
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| 'Los | Nov 10 2009, 07:57 PM Post #4 |
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'Los
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THAT IS SO TRUE. not in my case. but in the majorities case it is so true. |
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| White Man | Nov 10 2009, 08:04 PM Post #5 |
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I found this chart on black spending, look at these numbers. CONSUMER EXPENDITURE DATA From "The Buying Power of Black America" Click here to get data from our current 2005 Buying Power of Black America report THE BUYING POWER OF BLACK AMERICA - 2003 This is the eleventh edition of Target Market News' annual report on African-American consumers. Again, most of the increases were in categories most influenced by women's purchases. The economic slowdown continues and surely will have an impact on future spending. In 2003 black households had $656 billion in earned income. Apparel Products and Services . . . . . . . . . . . . . $23.0 billion Appliances. . . . . . . . . . . . . . . . . . . . . . . . 2.5 billion Beverages (Alcoholic) . . . . . . . . . . . . . . . . . . 2.5 billion Beverages (Non-Alcoholic) . . . . . . . . . . . . . . . . 2.5 billion Books . . . . . . . . . . . . . . . . . . . . . . . . . . 326 million Cars, Trucks and Motorcycles . . . . . . . . . . . . . .32.6 billion* Computers and Related Equipment . . . . . . . . . . . . . 1.9 billion Consumer Electronics. . . . . . . . . . . . . . . . . . . 3.5 billion Contributions . . . . . . . . . . . . . . . . . . . . . 12.3 billion Education . . . . . . . . . . . . . . . . . . . . . . . . 6.2 billion Entertainment and Leisure . . . . . . . . . . . . . . . . 2.7 billion Food. . . . . . . . . . . . . . . . . . . . . . . . . . 56.5 billion Gifts . . . . . . . . . . . . . . . . . . . . . . . . . . 7.9 billion Health Care . . . . . . . . . . . . . . . . . . . . . . 18.0 billion Household Furnishings and Equipment . . . . . . . . . . 11.9 billion Housewares. . . . . . . . . . . . . . . . . . . . . . . . 973 million Housing and related charges . . . . . . . . . . . . . . 145.2 billion Insurance . . . . . . . . . . . . . . . . . . . . . . . 16.2 billion Media . . . . . . . . . . . . . . . . . . . . . . . . . . 6.0 billion Personal Care Products and Services . . . . . . . . . . . 6.5 billion Sports and Recreational Equipment . . . . . . . . . . . . 900 million Telephone Services. . . . . . . . . . . . . . . . . . . 14.4 billion Tobacco Products and Smoking Supplies . . . . . . . . . . 2.8 billion Toys, Games and Pets. . . . . . . . . . . . . . . . . . . 2.3 billion Transportation, Travel and Lodging. . . . . . . . . . . . 4.8 billion Copyright (c) 2004 Target Market News. All rights reserved. From "The Buying Power of Black America - 2004" Do not cite without proper credit. *This total does not include all automotive related expenditures listed in the report. |
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| 'Los | Nov 10 2009, 08:07 PM Post #6 |
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'Los
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The thing that bother me is the question "how much of these assets are created by blacks or black owned companies". I thank you for these statistics, will be saving these |
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| New York | Nov 10 2009, 08:19 PM Post #7 |
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That White guy got his game tight, he pulled out a chart on black spending. LOL (that's too dam funny) |
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| 'Los | Nov 10 2009, 08:22 PM Post #8 |
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'Los
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Out of all those categories, i counted 4 that blacks contribute in. that is sad. |
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| New York | Nov 10 2009, 08:27 PM Post #9 |
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On that chart black people spent 326 million dollars on books, but if you notice black people spent 2.5 billion dollars a year old alcohol. What's wrong with that picture |
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| White Man | Nov 10 2009, 08:53 PM Post #10 |
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That chart speaks volume |
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