Quarterly Business Review

Fourth Quarter 1997

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                       TABLE 1: TOTAL GROSS BUSINESS INCOME
                           STATEWIDE BY INDUSTRY (SIC)
                            4TH QUARTER, 1996 AND 1997
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                                           CURRENT     4TH QUARTER    4TH QUARTER  PERCENT
INDUSTRY AND SIC NUMBER                     UNITS          1996           1997     CHANGE
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AGRICULTURE, FORESTRY AND FISHING..........   7,752     735,261,864     677,113,860   -7.9
  AGRICULTURAL SERVICES 07.................   6,332     331,064,382     357,811,519    8.1
  FORESTRY 08..............................     442      66,044,503      63,750,881   -3.5
  FISHING 09...............................     298     260,438,130     146,988,167  -43.6
  OTHER AGRICULTURE........................     680      77,714,849     108,563,293   39.7
MINING AND QUARRYING.......................     115     110,823,951      98,199,460  -11.4
  METAL MINING 10..........................      10      19,768,184       9,695,578  -51.0
  SAND AND GRAVEL 144......................      33      14,113,957      20,379,473   44.4
  OTHER MINING AND QUARRYING...............      72      76,941,810      68,124,409  -11.5
CONTRACT CONSTRUCTION......................  31,666   5,161,567,600   5,953,749,897   15.3
  GENERAL BUILDING CONTRACTORS 15..........  10,833   2,045,950,863   2,468,477,792   20.7
  HEAVY CONSTRUCTION (INCL. HIGHWAYS) 16...   1,368     743,459,049     802,284,982    7.9
  SPECIAL TRADE CONTRACTORS 17.............  19,465   2,372,157,688   2,682,987,123   13.1
    PLUMBING AND HEATING 171...............   2,277     466,622,968     486,124,805    4.2
    ELECTRICAL 173.........................   1,964     427,277,324     509,738,178   19.3
    MASONRY 174............................   1,898     253,247,095     277,010,430    9.4
    OTHER TRADE CONTRACTORS................  13,326   1,225,010,301   1,410,113,710   15.1
MANUFACTURING..............................  10,679  17,761,058,437  21,028,947,774   18.4
  FOOD PRODUCTS 20.........................     385   2,283,988,310   2,267,589,219   -0.7
    MEAT PRODUCTS 201......................      40     395,575,067     392,875,761   -0.7
    DAIRY PRODUCTS 202.....................      21     272,654,175     253,732,142   -6.9
    CANNING AND PRESERVING 203.............      60     484,106,275     459,106,067   -5.2
    GRAIN MILL PRODUCTS 204................      40     215,122,071     230,990,170    7.4
    BAKERY PRODUCTS 205....................      24      91,385,846      53,060,529  -41.9
    CONFECTIONERY PRODUCTS 206.............      16      38,626,109      44,349,271   14.8
    BEVERAGES 208..........................      82     256,200,112     287,574,848   12.2
    MISCELLANEOUS FOOD PRODUCTS............     102     530,318,655     545,900,431    2.9
  APPAREL AND TEXTILES 22, 23..............     323     179,390,921     192,136,093    7.1
    MEN'S, YOUTHS', AND BOYS' 231, 232.....      19      49,164,090      55,978,138   13.9
    WOMEN'S, MISSES', & JUNIORS' 233, 234..      15      24,579,329      18,352,821  -25.3
    OTHER APPAREL AND TEXTILES.............     289     105,647,502     117,805,134   11.5
  LUMBER AND WOOD PRODUCTS 24..............   2,820   2,253,827,261   2,177,849,043   -3.4
    LOGGING CAMPS AND CONTRACTORS 241......   1,575     745,347,472     495,785,997  -33.5
    SAWMILLS AND PLANING MILLS 242.........     289     859,998,741     882,737,690    2.6
    OTHER WOOD PRODUCTS....................     956     648,481,048     799,325,356   23.3
  FURNITURE AND FIXTURES 25................     396      87,880,450      90,731,342    3.2
    HOUSEHOLD FURNITURE 251................     309      34,494,394      35,914,932    4.1
    OTHER FURNITURE AND FIXTURES...........      87      53,386,056      54,816,410    2.7
  PAPER AND ALLIED PRODUCTS 26.............      82     810,251,728     831,083,370    2.6
    PULP/PAPER MILLS 261, 262, 263.........      24     626,692,603     622,800,802   -0.6
    PAPERBOARD CONTAINERS 265..............      22      85,122,834      96,678,159   13.6
    CONVERTED PAPER PRODUCTS 267...........      36      98,436,291     111,604,409   13.4
  PRINTING, PUBLISHING, ETC. 27............   2,000     753,725,557     755,545,914    0.2
    NEWSPAPERS 271.........................     165     250,312,309     262,424,500    4.8
    PERIODICALS AND BOOKS 272-274..........     958     220,018,089     198,894,424   -9.6
    COMMERCIAL PRINTING 275................     726     259,374,419     267,360,814    3.1
    OTHER PRINTING.........................     151      24,020,740      26,866,176   11.8
  CHEMICALS AND ALLIED PRODUCTS 28.........     173     347,946,501     360,077,263    3.5
    CHEMICALS AND PLASTICS 281, 282........      46     151,795,007     168,294,286   10.9
    DRUGS 283..............................      23      15,260,638      15,777,726    3.4
    OTHER CHEMICAL PRODUCTS 284-289........     104     180,890,856     176,005,251   -2.7
  PETROLEUM REFINING 29....................      18     413,940,799     381,047,706   -7.9
  RUBBER AND PLASTICS PRODUCTS 30..........     170     156,350,156     168,578,031    7.8
  LEATHER AND LEATHER PRODUCTS 31..........      29      16,295,642      15,720,068   -3.5
  STONE/CLAY/GLASS/CONCRETE PRODUCTS 32....     264     268,692,616     287,940,345    7.2
  PRIMARY METAL INDUSTRIES 33..............     121     993,471,909   1,053,372,168    6.0
    IRON & STEEL FOUNDRIES, MILLS 331, 332.     64     137,899,369     138,079,764    0.1
    PRIMARY SMELTING/NONFERR0US METALS 333.       6     522,159,704     562,017,305    7.6
    FOUNDRIES, NONFERROUS METALS 334-339...      51     333,412,836     353,275,099    6.0
  FABRICATED METAL PRODUCTS 34.............     582     538,675,690     517,307,078   -4.0
    CANS 341...............................       5     150,040,919      64,443,462  -57.0
    STRUCTURAL PRODUCTS 344................     248     197,207,246     204,286,502    3.6
    OTHER FABRICATED METAL PRODUCTS........     329     191,427,525     248,577,114   29.9
  MACHINERY, EXCEPT ELECTRIC 35............   1,133     795,005,717     872,398,724    9.7
    FARM MACHINERY AND EQUIPMENT 352.......      24       7,487,789       8,927,314   19.2
    CONSTRUCTION & HANDLING EQUIPMENT 353..      62      96,699,792     110,546,330   14.3
    SPECIAL INDUSTRIAL MACHINERY 355.......      89     163,146,701     152,536,168   -6.5
    OTHER MACHINERY........................     958     527,671,435     600,388,912   13.8
  ELECTRICAL MACHINERY AND SUPPLIES 36.....     247     654,433,667     792,598,467   21.1
  TRANSPORTATION EQUIPMENT 37..............     714   6,598,812,252   9,568,253,185   45.0
    MOTOR VEHICLES AND EQUIPMENT 371.......      82      53,395,927      63,648,371   19.2
    AIRCRAFT AND PARTS 372.................     112   6,111,142,112   8,992,433,615   47.1
    SHIP AND BOAT BUILDINGS 373............     462     159,139,361     173,737,726    9.2
    OTHER TRANSPORTATION EQUIPMENT 374-379.      58     275,134,852     338,433,473   23.0


                         TABLE 1: TOTAL GROSS BUSINESS INCOME                
                                  STATEWIDE BY INDUSTRY (SIC)
                                  4TH QUARTER, 1996 AND 1997
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                                           CURRENT     4TH QUARTER    4TH QUARTER  PERCENT
INDUSTRY AND SIC NUMBER                     UNITS          1996           1997     CHANGE
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  PROFESSIONAL & SCIENTIFIC INSTRUMENTS 38. 206     442,357,304     509,874,360   15.3
  MISCELLANEOUS MANUFACTURING 39...........   1,016     166,011,957     186,845,398   12.5
TRANSPORTATION AND ALLIED SERVICES.........   5,802   2,132,782,824   2,277,031,575    6.8
  RAILROADS 40.............................      13     170,363,166     152,500,045  -10.5
  LOCAL AND SUBURBAN TRANSIT 41............     505     120,029,676     103,536,371  -13.7
  MOTOR FREIGHT AND WAREHOUSING 42.........   3,445     965,475,800   1,199,101,684   24.2
  WATER TRANSPORTATION 44..................     417     368,511,842     359,781,310   -2.4
  AIR TRANSPORTATION SERVICES 45...........     285     135,927,472      75,073,510  -44.8
  TRANSPORTATION SERVICES 46, 47...........   1,137     372,474,868     387,038,655    3.9
COMMUNICATION AND UTILITIES................   1,704   3,596,826,768   3,704,507,105    3.0
  COMMUNICATION 48.........................     855   1,539,828,835   1,635,914,249    6.2
  ELECTRIC COMPANIES 491...................      67     926,186,100   1,082,142,254   16.8
  GAS COMPANIES 492........................      10     193,298,701      65,908,923  -65.9
  WATER COMPANIES 494......................     452     199,258,700     220,434,614   10.6
  OTHER UTILITIES..........................     320     738,254,432     700,107,065   -5.2
WHOLESALE TRADE............................  18,141  24,327,090,334  25,864,246,405    6.3
  DURABLE GOODS 50.........................  11,329  13,161,564,147  14,344,432,020    9.0
    MOTOR VEHICLES AND AUTO EQUIPMENT 501..     913   1,780,347,728   1,945,438,285    9.3
    FURNITURE AND HOME FURNISHINGS 502.....     527     367,543,327     423,281,175   15.2
    LUMBER AND CONSTRUCTION MATERIALS 503..     966   1,334,506,350   1,336,569,136    0.2
    SPORTING, RECREATIONAL EQUIPMENT 504...   2,372   3,003,448,763   3,733,369,940   24.3
    ELECTRICAL GOODS 506...................   1,396   1,989,813,683   1,844,509,269   -7.3
    HARDWARE/PLUMBING/HEATING SUPPLIES 507.     691     524,837,669     537,357,774    2.4
    MACHINERY AND EQUIPMENT 508............   2,726   2,016,226,877   2,219,580,780   10.1
    OTHER WHOLESALERS 505, 509.............   1,738   2,144,839,750   2,304,325,661    7.4
  NONDURABLE GOODS 51......................   6,812  11,165,526,187  11,519,814,385    3.2
    PAPER AND PAPER PRODUCTS 511...........     489     682,802,369     623,516,258   -8.7
    DRUGS AND SUNDRIES 512.................     292     780,509,175     835,927,220    7.1
    APPAREL, PIECE GOODS AND NOTIONS 513...     455     411,776,299     455,636,451   10.7
    GROCERIES AND RELATED PRODUCTS 514.....   1,845   3,584,697,737   3,735,865,827    4.2
    FARM-PRODUCT RAW MATERIALS 515.........     168     835,078,357     768,221,619   -8.0
    CHEMICALS AND ALLIED PRODUCTS 516......     439     582,626,076     632,507,379    8.6
    PETROLEUM AND PETROLEUM PRODUCTS 517...     267   2,356,911,216   2,390,267,089    1.4
    MISCELLANEOUS NONDURABLE GOODS.........   2,857   1,931,124,958   2,077,872,542    7.6
RETAIL TRADE...............................  58,148  17,345,615,650  19,050,822,454    9.8
  BLDG. MATERIALS, HARDWARE 52.............   2,851   1,148,625,533   1,207,037,005    5.1
    LUMBER AND BLDG. MATERIALS 521.........     871     545,597,553     608,201,161   11.5
    PAINT, GLASS, WALLPAPER 523............     218      69,145,570      78,309,605   13.3
    HARDWARE STORES 525....................     557     336,313,490     302,986,598   -9.9
    NURSERIES, GARDEN SUPPLIES 526.........   1,057      96,790,314     105,285,724    8.8
    MOBILE HOME DEALERS 527................     148     100,778,606     112,253,917   11.4
    OTHER 522, 524.........................      -          -               -          0.0
  GENERAL MERCHANDISE STORES 53............     361   1,982,419,639   2,093,138,463    5.6
    DEPARTMENT STORES 531..................      31   1,143,610,010   1,183,903,245    3.5
    VARIETY STORES 533.....................     121     540,787,105     591,398,887    9.4
    OTHER GENERAL MERCHANDISE..............     209     298,022,524     317,836,331    6.6
  FOOD STORES 54...........................   4,244   3,308,938,213   3,635,021,904    9.9
    GROCERY STORES 541.....................   2,583   3,048,245,252   3,369,422,175   10.5
    FRUIT/VEGETABLE/MEAT MARKETS 542, 543..     507     116,604,600      94,215,217  -19.2
    CANDY, NUT AND CONFECTIONERY 544.......     145      20,759,882      22,825,718   10.0
    DAIRY PRODUCTS 545.....................      48      12,168,122      12,671,241    4.1
    BAKERIES 546...........................     366      39,192,963      43,132,767   10.1
    OTHER FOOD STORES 549..................     595      71,967,394      92,754,786   28.9
  AUTOMOTIVE DEALERS & GAS STATIONS 55....    4,249   3,822,283,968   4,021,941,776    5.2
    AUTO DEALERS (NEW & USED) 551, 552....    1,460   2,291,851,614   2,527,459,950   10.3
    ACCESSORY DEALERS 553..................     999     401,008,572     405,064,027    1.0
    SERVICE STATIONS 554...................   1,015     886,065,239     809,909,808   -8.6
    MARINE, AIRCRAFT, ETC..................     775     243,358,543     279,507,991   14.9
  APPAREL AND ACCESSORIES 56...............   2,351   1,030,660,953   1,320,097,039   28.1
    CLOTHING 561-565.......................   1,310     864,282,234   1,147,934,160   32.8
    SHOES 566..............................     170      64,831,529      66,261,309    2.2
    OTHER ACCESSORIES 569..................     871     101,547,190     105,901,570    4.3
  FURNITURE, FURNISHINGS & EQUIPMENT 57...    5,236   1,703,674,461   2,003,739,614   17.6
    FURNITURE 571..........................   2,218     430,422,968     498,620,896   15.8
    APPLIANCES 572.........................     355     156,856,030     171,194,436    9.1
    ELECTRONICS/MUSIC STORES 573 ..........   2,663   1,116,395,463   1,333,924,282   19.5
  EATING AND DRINKING PLACES 58............  10,014   1,319,236,427   1,434,724,626    8.8
  MISCELLANEOUS RETAIL 59..................  28,842   3,029,776,456   3,335,122,027   10.1
    DRUG STORES 591........................     416     553,499,367     585,967,589    5.9
    MISCELLANEOUS SHOPPING GOODS 594.......   5,578     989,221,780   1,051,467,350    6.3
    NONSTORE RETAILERS 596.................   5,153     447,445,522     493,110,712   10.2
    FUEL AND ICE 598.......................     213     166,119,898     141,970,291  -14.5
    OTHER RETAIL STORES....................  17,482     873,489,889   1,062,606,085   21.7

 
                         TABLE 1: TOTAL GROSS BUSINESS INCOME
                                  STATEWIDE BY INDUSTRY (SIC)
                                  4TH QUARTER, 1996 AND 1997
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                                           CURRENT     4TH QUARTER    4TH QUARTER  PERCENT
INDUSTRY AND SIC NUMBER                     UNITS          1996           1997     CHANGE
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FINANCE, INSURANCE AND REAL ESTATE.........   9,928   4,369,153,668   4,378,819,182    0.2
  FINANCE 60-62............................   1,937   2,618,494,531   2,677,431,227    2.3
  INSURANCE 63-64..........................   3,524     802,208,071     924,697,187   15.3
  REAL ESTATE 65-66........................   4,280     553,055,759     626,168,225   13.2
  OTHER FINANCE 67.........................     187     395,395,307     150,522,543  -61.9
SERVICES AND OTHER BUSINESS................  87,202  13,293,581,791  15,243,935,402   14.7
  HOTELS, MOTELS, ETC. 70..................   1,930     301,568,498     314,417,953    4.3
  PERSONAL SERVICES 72.....................  10,179     385,584,741     411,689,906    6.8
    LAUNDRIES, CLEANERS 721................   2,610     132,414,831     144,741,531    9.3
    PHOTOGRAPHIC STUDIOS 722...............   1,155      44,313,042      50,890,371   14.8
    BARBER AND BEAUTY SHOPS 723, 724.......   5,088     143,144,098     143,400,956    0.2
    FUNERAL SERVICES 726...................     142      26,956,280      28,577,547    6.0
    OTHER PERSONAL SERVICES................   1,184      38,756,490      44,079,501   13.7
  BUSINESS SERVICES 73.....................  23,463   4,844,375,255   5,992,945,792   23.7
    ADVERTISING 731........................     763     156,850,679     182,488,056   16.3
    CREDIT AND COLLECTION AGENCIES 732.....     155      30,719,072      32,774,249    6.7
    SERVICES TO DWELLINGS AND BLDGS. 734...   3,033     140,195,496     151,746,749    8.2
    COMPUTER SERVICES 737 .................   4,710   1,973,526,287   2,602,840,453   31.9
    OTHER BUSINESS SERVICES................  14,802   2,543,083,721   3,023,096,285   18.9
  AUTOMOTIVE REPAIR, SERVICES 75...........   6,464     775,658,689     912,489,314   17.6
    RENTAL AND LEASING 751.................     498     303,308,103     385,145,643   27.0
    REPAIR SHOPS 753.......................   4,944     392,859,285     434,039,243   10.5
    OTHER AUTOMOTIVE SERVICES..............   1,022      79,491,301      93,304,428   17.4
  MISCELLANEOUS REPAIR SERVICES 76.........   6,151     286,513,955     324,405,404   13.2
  MOTION PICTURE THEATERS & PRODUCTION 78..     979     151,639,561     172,652,201   13.9
  AMUSEMENT AND RECREATION SERVICES 79.....   3,191     402,805,299     434,053,484    7.8
  MEDICAL AND HEALTH SERVICES 80...........  12,538   2,825,140,481   3,133,226,927   10.9
    DRS/OTHER PRACTITIONERS 801, 803, 804..   8,588   1,220,210,876   1,364,811,959   11.9
    DENTISTS 802...........................   2,786     347,666,986     391,021,876   12.5
    HOSPITALS 806..........................     123     810,202,938     899,590,941   11.0
    LABORATORIES 807.......................     552     129,903,565     137,657,423    6.0
    OTHER HEALTH SERVICES..................     489     317,156,116     340,144,728    7.2
  LEGAL SERVICES 81........................   4,061     523,260,660     558,442,032    6.7
  OTHER SERVICES 82-89.....................  17,634   2,746,930,440   2,930,210,576    6.7
    ENGINEERS AND ARCHITECTS 871...........   2,799     731,685,019     767,197,697    4.9
    ACCOUNTANTS AND BOOKKEEPERS 872........   3,070     312,815,295     279,100,110  -10.8
    OTHER SERVICES.........................  11,765   1,702,430,126   1,883,912,769   10.7
  GOVERNMENT 91-97.........................     286      33,614,781      37,103,344   10.4
  OTHER BUSINESS 00,98-99..................     326      16,489,431      22,298,469   35.2

TOTAL ALL INDUSTRIES ...................... 231,137  88,833,762,887  98,277,373,114   10.6

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