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The Black Consumer Conundrum
Today on www.LIBRadio.com, our Friday broadcast focuses on the economic dilemma that faces Africans domiciled in the U.S. A reported 3.15 million black-owned businesses collectively produce about $206 billion annually in products and services. Yet annual consumption among this ethnic group, which could number in excess of 62 million, has been reported at $1.8 trillion. How can we ever succeed economically when we spend $9 as consumers for every $1 in GDP we generate?
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Fridays on www.LIBRadio.com are now committed to increasing personal and group wealth, featuring research on marketing, entrepreneurship, business development, and other topics. We are live from 9 AM PST / Noon EST / 5 PM GMT/ 7 PM EAT.
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