Durham, Wake, Orange, Granville, Vance, and Person counties based on a circulation of 12,000 copies.
The buying power of North Carolina’s minority consumers soared from 1990-2006. North Carolina emerged as one of the nation’s most important African-American markets during that period, with African-American purchases accounting for one of every seven dollars spent in the state. This amounts to a 233 percent increase in African-American buying power, which is well above both the nation’s 151 percent gain and the state’s 160 percent gain.
The Raleigh MSA (Wake County) is the state’s second-largest MSA-level African-American consumer market. In 2006, Wake County’s African-American buying power was $3.4 billion, which accounts for 83 percent of the MSA’s African-American buying power and nearly 10 percent of the state’s African- American buying power.
The Durham MSA (Durham, Orange, Person & Chatham counties) is North Carolina’s fourth-largest MSA-level consumer market. In 2006, African-American buying power in the Durham MSA rose to $2.6 billion, up from $1.2 billion in 1990. Geographically, the area’s black consumer market is dominated by several distinct submarkets: the relatively mature, highly concentrated urban market in Durham County, the rapidly growing urban market in Orange County and the strong suburban market composed of Granville, Vance and Person counties.*