Quarterly Business Review

Fourth Quarter 1997

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            TABLE 6:  STATE RETAIL SALES TAX*:                           
                      GROSS INCOME, TAXABLE INCOME & TAX DUE              
                      STATEWIDE AMOUNTS BY INDUSTRY (SIC)                
                      4TH QUARTER, 1997                                  
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                                           SALES SUBJECT TO RETAIL SALES TAX  ACCRUED STATE 
                                                                              RETAIL SALES 
           INDUSTRY                   SIC            GROSS         TAXABLE        TAX*     
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RETAIL TRADE                         52-59  $15,136,262,458  $9,864,661,447   $641,203,728 
  BUILDING MATERIALS/HARDWARE.......    52      741,668,873     692,396,736     45,005,813 
    LUMBER/BLDING MATERIALS 521-522.            315,272,705     301,996,686     19,629,806 
    PAINT, GLASS, WALLPAPER 523.....             34,219,462      32,913,605      2,139,389 
    HARDWARE STORES 525.............            258,581,553     235,624,459     15,315,590 
    NURSERIES/GARDEN SUPPLIES 526...             51,669,580      47,092,015      3,060,977 
    MOBILE HOME DEALERS 527.........             81,925,573      74,769,971      4,860,051 
    OTHER...........................                      0               0              0 
  GENERAL MERCHANDISE...............    53    1,974,315,035   1,650,863,803    107,306,183 
    DEPARTMENT STORES 531...........          1,169,400,889   1,077,670,841     70,048,607 
    VARIETY STORES 533..............            495,802,996     310,209,418     20,163,629 
    OTHER GENERAL MERCHANDISE.......            309,111,150     262,983,544     17,093,947 
  FOOD..............................    54    3,315,528,181   1,185,847,770     77,080,169 
    GROCERY STORES 541..............          3,197,793,949   1,135,581,785     73,812,859 
    FRUIT/VEGETABLE/MEAT 542-543....             29,506,535       7,977,888        518,565 
    CANDY/NUT/CONFECTIONERY 544.....             14,335,464       2,441,983        158,725 
    DAIRY PRODUCTS 545..............              9,384,203       2,003,333        130,221 
    BAKERIES 546....................             22,517,662       9,909,384        644,110 
    OTHER FOOD STORES...............             41,990,368      27,933,397      1,815,689 
  AUTO DEALERS/GAS STATIONS.........    55    2,875,082,290   1,891,837,470    122,969,524 
    AUTO DEALERS (NEW/USED) 551-552.          1,858,897,005   1,437,583,946     93,443,003 
    ACCESSORY DEALERS 553...........            236,176,545     218,081,641     14,175,322 
    SERVICE STATIONS 554............            597,073,384     105,879,272      6,882,167 
    MARINE/AIRCRAFT, ETC............            182,935,356     130,292,611      8,469,032 
  APPAREL/ACCESSORIES...............    56    1,224,510,581     544,482,536     35,391,378 
    CLOTHING 561-565................          1,111,571,505     437,649,186     28,447,209 
    SHOES 566.......................             56,194,757      54,217,946      3,524,163 
    OTHER ACCESSORIES...............             56,744,319      52,615,404      3,420,006 
  FURNITURE/FURNISHINGS/EQUIP.......    57    1,284,290,125     995,516,680     64,708,671 
    FURNITURE 571...................            353,986,630     330,181,400     21,461,838 
    APPLIANCES 572..................            143,395,159     137,610,439      8,944,690 
    ELECTRONICS/MUSIC STORES 573....            786,908,336     527,724,841     34,302,143 
    OTHER...........................                      0               0              0 
  EATING/DRINKING PLACES............    58    1,294,292,048   1,250,823,101     81,303,673 
  MISCELLANEOUS RETAIL STORES.......    59    2,426,575,325   1,652,893,351    107,438,317 
    DRUG STORES 591.................            575,884,018     244,569,902     15,897,042 
    MISCELLANEOUS SHOPPING GOODS 594            807,982,673     709,985,527     46,149,073 
    NONSTORE RETAILERS 596..........            353,519,902     196,664,112     12,783,226 
    FUEL/ICE 598....................            105,050,342      57,338,804      3,727,030 
    OTHER RETAIL STORES.............            584,138,390     444,335,006     28,881,946 
SERVICES                             70-89    2,992,604,007   2,311,001,102    150,215,613 
  HOTELS/MOTELS, ETC 70.............            288,861,544     278,269,568     18,087,575 
  PERSONAL SERVICES 72..............            174,003,569     158,182,609     10,281,939 
  BUSINESS SERVICES 73..............          1,112,066,951     781,337,644     50,787,118 
    COMPUTER SERVICES 737...........            269,664,292     156,588,542     10,178,297 
  AUTOMOTIVE REPAIR/SERVICES 75.....            570,858,724     536,836,208     34,894,434 
  OTHER SERVICES....................            846,813,219     556,375,073     36,164,547 
CONTRACTING......................... 15-17    3,590,472,932   2,827,552,088    183,791,227 
MANUFACTURING....................... 19-39    1,215,347,408     479,412,173     31,161,916 
TRANSPORTATION/COMM./UTILITIES...... 40-49    1,181,832,070     826,189,942     53,702,386 
WHOLESALING......................... 50-51    3,587,765,850   2,210,121,131    143,658,013 
FINANCE/INSURANCE/REAL ESTATE....... 60-67      343,124,666     263,828,667     17,148,877 
OTHER BUSINESS 0-14 & 90'S..........            192,057,375     172,610,065     11,219,738 
                                                                                           
TOTAL ALL INDUSTRIES................        $28,239,466,766 $18,955,376,615 $1,232,101,498 
                                                                                           
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*STATE TAX ONLY; EXCLUDES ACCRUED LOCAL SALES TAX REVENUES.