Blacks More Optimistic About Economy and Stocks as ‘Best Investment’

July 27, 2010  |  

(Target Market News) — Middle-class African-Americans are more likely than Whites to have curtailed their saving and investing in order to make it through the recession, according to the 2010 Ariel Black Investor Survey. The survey of 501 Blacks and 505 Whites with household incomes of at least $50,000 found that nearly half of all Blacks (compared to 31% of Whites) dipped into savings to make ends meet in the last two years.

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