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Thursday, November 19, 2009

EU-Digest/the National: Muslim Purchasing Power increasing in America

The oldest US Mosque dedicated Feb.1934 in Cedar Rapids, Iowa


For the complete report from The National click on this link

Getting corporate America to recognize the purchasing power of Muslims, rather than running scared because of stereotypes, was difficult but not impossible, said Michael Hastings-Black, the co-founder of the Desedo Advertising Agency, which specializes in minority markets. Addressing more than 200 delegates at the American Muslim Consumer Conference recently, he recounted a tale illustrating the high passions generated by a television advert last year by Dunkin’ Donuts, which did not even specifically address Muslims.

The American Muslim Consumer Conference, held at a conference hall at Rutgers University in New Jersey, was billed as the first of its kind by its volunteer organizers, a group of US Muslim professionals. Their aim was to educate non-Muslim businesses about the demand for Islamic products and encourage Muslims to exert their market power.

Note EU-Digest: There are between 6 and 7 million Muslims in America today. Muslims outnumber some Christian denominations and are equal to the number of Jews. America now has about 1,209 mosques, most of which were constructed very recently. Thirty percent of these mosques were built in the 1990s, and 32% were built in the 1980s. Other statistics show that in 1994, the total number of mosques in America was 962; in 2000, there was a 25% increase in this number. Islam is said to be the US's fastest-growing religion, fueled by immigration, high birth rates and widespread conversion. One expert estimates that 25,000 people a year become Muslims in the US.