Figuratively Speaking
Posted in:
Magazine Edition
: August 2004
The industries with the largest sales or receipts, according to preliminary data from the 2002 Economic Census: wholesale trade ($4.4 trillion); manufacturing ($3.8 trillion); retail trade ($3.2 trillion); finance and insurance ($2.6 trillion); health care and social assistance ($1.2 trillion); construction ($1.1 trillion); professional, scientific and technical services ($0.9 trillion); information ($0.9 trillion).- The best states for African-Americans to start or expand a business, according to the ING U.S. Financial Services Gazelle Index of African-American CEOs: Georgia, Florida, California, Texas, North Carolina. Best cities: Atlanta; Washington, D.C.-Baltimore; and Houston. Los Angeles and New York were tied at fourth place.
- Average income of African-American newspaper readers, according to a study by CNW Marketing Research Inc.: $64,615. Average net worth: $391,290. Average age: 42. Percentage owning homes: 85.2. Percentage with at least some college: 83. Percentage who are managers, professionals or business owners: 69.
- Percentage of U.S. industrial manufacturers who plan to add to their work force over the next nine months, according to the first quarter 2004 PricewaterhouseCoopers Manufacturing Barometer: 36. Percentage who plan to reduce their work force: 23. Percentage by which manufacturers expect to reduce: 1.9.
- Percentage of U.S. adults who say they use a computer at work, at school, at home, or some other place, according to The Pew Internet & American Life Project: 73. Percentage of Blacks who use computers: 62. Percentage of whites: 73. Percentage of Hispanics (English speaking): 85.
- Percentage of Internet users who go online at least once a day: 64. Percentage who say they go online several times a day: 42. Percentage who say they go online once a day: 22. Percentage who say they go online 3-5 times a week: 14. Percentage who say they go online 1-2 times a week: 11.
- Percentage of Internet users who have bought products online: 65. Percentage of online African-Americans who were e-shoppers in December 2000: 47. Percentage who were e-shoppers in February 2004: 59.
- Percentage of African-Americans who smoked in 2000, according to a survey funded by the Substance Abuse Policy Research Program of the Robert Wood Johnson Foundation: 23.2.
- Asked if taxes on tobacco products should be increased, percentage of African-Americans who said yes: 58. Percentage who said they should be reduced: 30. Percentage who said cigarette smoking is increasing among African-Americans: 52.9.

