Black Spending Approaches 1 Trillion

(Taylor Media Services) - In 1990, the buying power of the nation's African-American population stood at $318 billion. However, according to the Selig Center for Economic Growth, in 2008 that spending power had grown to nearly a trillion dollars - $913 billion to be exact. In a recent report, the Center projects that by 2013, Black buying power will shoot up by 35.7 percent to stand at $1.24 trillion.
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