African-Americans increase their purchasing power in Georgia

A new University of Georgia report shows African-Americans have increased their purchasing power in the state.

Georgia remains the 5^th largest African-American Consumer Market in the U.S. But according to a report produced by UGA’s Selig Center for Economic Growth, buying power for blacks in Georgia has risen to more than $73 billion dollars a year. That’s compared to about $66 billion in 2010. Jeff Humphreys serves as UGA’s director of economic forecasting.

“So we have seen some growth even in recent years despite the great recession.”