# Prof. Gian Luca Clementi on Target Market News's annual report, "The Buying Power of Black America"

1 Faculty News October 14, 2014 ![BBC News logo](/sites/default/files/styles/246w/public/assets/images/con_030504.jpg?itok=xD3gBRnr)>

Excerpt from [BBC News](http://www.bbc.com/news/blogs-echochambers-29621219) -- "As NYU economics Prof [Gian Luca Clementi](http://www.stern.nyu.edu/faculty/bio/gian-luca-clementi) tells the Tampa Bay Times, 'factors like government expenditure and private investment mean that buying power and \[the total income produced in a country\] aren't comparable.'"

[Read more](http://www.bbc.com/news/blogs-echochambers-29621219)

Additional coverage appeared on [Tampa Bay Times](http://www.tampabay.com/news/business/punditfact-cant-compare-black-americas-buying-power-to-countries-gdp/2197441).