Quarterly Business Review

Calendar Year, 1997

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                       TABLE 1: TOTAL GROSS BUSINESS INCOME
                                STATEWIDE BY INDUSTRY (SIC)
                                CALENDAR, 1996 AND 1997
_____________________________________________________________________________________________
_____________________________________________________________________________________________

                                            CURRENT     CALENDAR      CALENDAR      PERCENT
 INDUSTRY AND SIC NUMBER                     UNITS        1996          1997         CHANGE 
____________________________________________________________________________________________
 AGRICULTURE, FORESTRY AND FISHING..........   8,821   2,126,691,142  2,198,555,836    3.4
   AGRICULTURAL SERVICES 07.................   7,238   1,150,169,674  1,259,633,066    9.5
   FORESTRY 08..............................     496     241,635,259    230,903,257   -4.4
   FISHING 09...............................     324     467,896,748    359,027,900  -23.3
   OTHER AGRICULTURE........................     763     266,989,461    348,991,613   30.7
 MINING AND QUARRYING.......................     124     409,130,626    368,927,846   -9.8
   METAL MINING 10..........................      12      61,866,347     48,934,493  -20.9
   SAND AND GRAVEL 144......................      34      88,934,241     66,377,442  -25.4
   OTHER MINING AND QUARRYING...............      78     258,330,038    253,615,911   -1.8
 CONTRACT CONSTRUCTION......................  37,526  18,290,879,705 20,991,020,388   14.8
   GENERAL BUILDING CONTRACTORS 15..........  12,970   7,368,058,813  8,578,901,922   16.4
   HEAVY CONSTRUCTION (INCL. HIGHWAYS) 16...   1,556   2,429,961,486  2,880,544,251   18.5
   SPECIAL TRADE CONTRACTORS 17.............  23,000   8,492,859,406  9,531,574,215   12.2
     PLUMBING AND HEATING 171...............   2,564   1,810,001,785  1,799,674,134   -0.6
     ELECTRICAL 173.........................   2,198   1,586,824,528  1,848,441,588   16.5
     MASONRY 174............................   2,252     893,630,111    978,783,894    9.5
     OTHER TRADE CONTRACTORS................  15,986   4,202,402,982  4,904,674,599   16.7
 MANUFACTURING..............................  12,033  65,125,037,720 74,949,250,890   15.1
   FOOD PRODUCTS 20.........................     438   8,796,490,949  8,761,656,324   -0.4
     MEAT PRODUCTS 201......................      43   1,618,480,258  1,575,685,005   -2.6
     DAIRY PRODUCTS 202.....................      22   1,059,818,823  1,043,111,793   -1.6
     CANNING AND PRESERVING 203.............      69   1,869,851,679  1,816,299,344   -2.9
     GRAIN MILL PRODUCTS 204................      43     791,546,407    858,269,618    8.4
     BAKERY PRODUCTS 205....................      31     346,272,015    240,545,680  -30.5
     CONFECTIONERY PRODUCTS 206.............      19      90,490,232     96,182,103    6.3
     BEVERAGES 208..........................      95     982,152,232  1,114,883,566   13.5
     MISCELLANEOUS FOOD PRODUCTS............     116   2,037,879,303  2,016,679,215   -1.0
   APPAREL AND TEXTILES 22, 23..............     376     606,389,541    645,721,058    6.5
     MEN'S, YOUTHS', AND BOYS' 231, 232.....      24     159,599,655    181,512,497   13.7
     WOMEN'S, MISSES', & JUNIORS' 233, 234..      15      76,093,674     64,439,494  -15.3
     OTHER APPAREL AND TEXTILES.............     337     370,696,212    399,769,067    7.8
   LUMBER AND WOOD PRODUCTS 24..............   3,210   8,593,737,014  8,590,393,308    0.0
     LOGGING CAMPS AND CONTRACTORS 241......   1,807   2,414,224,724  2,114,579,961  -12.4
     SAWMILLS AND PLANING MILLS 242.........     317   3,505,218,441  3,542,447,968    1.1
     OTHER WOOD PRODUCTS....................   1,086   2,674,293,849  2,933,365,379    9.7
   FURNITURE AND FIXTURES 25................     430     323,392,383    341,701,453    5.7
     HOUSEHOLD FURNITURE 251................     332     122,072,591    130,122,230    6.6
     OTHER FURNITURE AND FIXTURES...........      98     201,319,792    211,579,223    5.1
   PAPER AND ALLIED PRODUCTS 26.............      88   3,264,517,389  3,201,133,248   -1.9
     PULP/PAPER MILLS 261, 262, 263.........      26   2,559,818,493  2,428,373,927   -5.1
     PAPERBOARD CONTAINERS 265..............      24     306,938,887    343,051,691   11.8
     CONVERTED PAPER PRODUCTS 267...........      38     397,760,009    429,707,630    8.0
   PRINTING, PUBLISHING, ETC. 27............   2,231   2,877,736,313  2,890,602,215    0.4
     NEWSPAPERS 271.........................     180   1,002,632,603    986,756,736   -1.6
     PERIODICALS AND BOOKS 272-274..........   1,064     763,743,685    764,096,521    0.0
     COMMERCIAL PRINTING 275................     816   1,024,433,546  1,038,399,923    1.4
     OTHER PRINTING.........................     171      86,926,479    101,349,035   16.6
   CHEMICALS AND ALLIED PRODUCTS 28.........     192   1,432,831,982  1,575,292,319    9.9
     CHEMICALS AND PLASTICS 281, 282........      52     630,350,783    686,083,214    8.8
     DRUGS 283..............................      23      58,153,185     73,159,862   25.8
     OTHER CHEMICAL PRODUCTS 284-289........     117     744,328,014    816,049,243    9.6
   PETROLEUM REFINING 29....................      19   1,275,143,106  1,630,047,511   27.8
   RUBBER AND PLASTICS PRODUCTS 30..........     189     673,369,564    693,035,790    2.9
   LEATHER AND LEATHER PRODUCTS 31..........      38      63,676,741     66,221,516    4.0
   STONE/CLAY/GLASS/CONCRETE PRODUCTS 32....     291   1,064,986,087  1,209,613,440   13.6
   PRIMARY METAL INDUSTRIES 33..............     127   3,941,291,222  4,201,880,128    6.6
     IRON & STEEL FOUNDRIES, MILLS 331, 332.      67     584,174,055    568,468,745   -2.7
     PRIMARY SMELTING/NONFERR0US METALS 333.       7   1,976,400,058  2,257,947,099   14.2
     FOUNDRIES, NONFERROUS METALS 334-339...      53   1,380,717,109  1,375,464,284   -0.4
   FABRICATED METAL PRODUCTS 34.............     640   1,869,193,156  2,066,564,684   10.6
     CANS 341...............................       6     329,632,274    343,347,914    4.2
     STRUCTURAL PRODUCTS 344................     276     788,673,078    799,942,830    1.4
     OTHER FABRICATED METAL PRODUCTS........     358     750,887,804    923,273,940   23.0
   MACHINERY, EXCEPT ELECTRIC 35............   1,228   2,894,453,651  3,155,385,271    9.0
     FARM MACHINERY AND EQUIPMENT 352.......      25      26,373,308     31,623,945   19.9
     CONSTRUCTION & HANDLING EQUIPMENT 353..      72     370,421,529    451,600,681   21.9
     SPECIAL INDUSTRIAL MACHINERY 355.......     100     526,491,208    533,330,789    1.3
     OTHER MACHINERY........................   1,031   1,971,167,606  2,138,829,856    8.5
   ELECTRICAL MACHINERY AND SUPPLIES 36.....     285   2,657,181,492  2,797,021,849    5.3
   TRANSPORTATION EQUIPMENT 37..............     814  22,493,500,784 30,614,884,697   36.1
     MOTOR VEHICLES AND EQUIPMENT 371.......      91     219,394,191    261,030,900   19.0
     AIRCRAFT AND PARTS 372.................     123  20,500,082,509 28,370,334,986   38.4
     SHIP AND BOAT BUILDINGS 373............     534     670,044,223    686,842,505    2.5
     OTHER TRANSPORTATION EQUIPMENT 374-379.      66   1,103,979,861  1,296,676,306   17.5
                    

                                              
                          TABLE 1: TOTAL GROSS BUSINESS INCOME 
                                   STATEWIDE BY INDUSTRY (SIC)
                                   CALENDAR, 1996 AND 1997 
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                                            CURRENT     CALENDAR     CALENDAR     PERCENT
 INDUSTRY AND SIC NUMBER                     UNITS        1996         1997        CHANGE 
__________________________________________________________________________________________
PROFESSIONAL & SCIENTIFIC INSTRUMENTS 38.      232   1,592,346,418  1,729,666,721    8.6
   MISCELLANEOUS MANUFACTURING 39........... 1,205     704,799,928    778,429,358   10.4
 TRANSPORTATION AND ALLIED SERVICES......... 6,688   7,280,730,793  7,608,118,890    4.5
   RAILROADS 40.............................    13     582,621,137    706,375,332   21.2
   LOCAL AND SUBURBAN TRANSIT 41............   603     418,520,780    377,948,794   -9.7
   MOTOR FREIGHT AND WAREHOUSING 42......... 4,010   3,437,329,692  3,717,187,377    8.1
   WATER TRANSPORTATION 44..................   470   1,325,138,336  1,398,525,107    5.5
   AIR TRANSPORTATION SERVICES 45...........   310     479,361,906    350,155,885  -27.0
   TRANSPORTATION SERVICES 46, 47........... 1,282   1,037,758,942  1,057,926,395    1.9
 COMMUNICATION AND UTILITIES................ 1,949  13,562,053,969 14,278,113,909    5.3
   COMMUNICATION 48......................... 1,021   5,770,998,126  6,211,772,837    7.6
   ELECTRIC COMPANIES 491...................    73   3,406,228,372  3,797,568,346   11.5
   GAS COMPANIES 492........................    14     632,549,094    349,110,164  -44.8
   WATER COMPANIES 494......................   480     801,582,368    860,206,356    7.3
   OTHER UTILITIES..........................   361   2,950,696,009  3,059,456,206    3.7
 WHOLESALE TRADE............................20,158  86,137,997,045 92,717,400,920    7.6
   DURABLE GOODS 50.........................12,520  45,500,965,180 52,013,913,191   14.3
   MOTOR VEHICLES AND AUTO EQUIPMENT 501..   1,035   6,927,663,571  7,741,236,200   11.7
   FURNITURE AND HOME FURNISHINGS 502.....     578   1,322,285,070  1,529,048,720   15.6
   LUMBER AND CONSTRUCTION MATERIALS 503..   1,078   4,382,302,574  4,836,283,699   10.4
   SPORTING, RECREATIONAL EQUIPMENT 504...   2,619  10,762,880,845 13,470,476,597   25.2
   ELECTRICAL GOODS 506...................   1,544   6,666,620,963  6,845,238,246    2.7
   HARDWARE/PLUMBING/HEATING SUPPLIES 507.     751   2,060,373,052  2,065,813,495    0.3
   MACHINERY AND EQUIPMENT 508............   2,965   7,625,671,337  8,621,753,208   13.1
   OTHER WHOLESALERS 505, 509.............   1,950   5,753,167,768  6,904,063,026   20.0
   NONDURABLE GOODS 51...................... 7,638  40,637,031,865 40,703,487,729    0.2
     PAPER AND PAPER PRODUCTS 511...........   529   2,532,329,656  2,379,212,289   -6.0
     DRUGS AND SUNDRIES 512.................   320   3,041,707,532  3,255,142,731    7.0
     APPAREL, PIECE GOODS AND NOTIONS 513...   510   1,440,640,664  1,553,505,714    7.8
     GROCERIES AND RELATED PRODUCTS 514..... 2,064  12,082,376,805 12,587,298,254    4.2
     FARM-PRODUCT RAW MATERIALS 515.........   172   2,882,511,823  2,561,316,228  -11.1
     CHEMICALS AND ALLIED PRODUCTS 516......   480   2,399,956,317  2,648,302,277   10.3
     PETROLEUM AND PETROLEUM PRODUCTS 517...   283   9,642,647,886  9,000,347,148   -6.7
     MISCELLANEOUS NONDURABLE GOODS......... 3,280   6,614,861,182  6,718,363,088    1.6
 RETAIL TRADE...............................67,651  63,467,643,634 68,666,683,789    8.2
   BLDG. MATERIALS, HARDWARE 52............. 3,212   4,507,015,552  4,795,548,813    6.4
     LUMBER AND BLDG. MATERIALS 521.........   987   2,201,805,322  2,435,803,555   10.6
     PAINT, GLASS, WALLPAPER 523............   236     301,968,795    330,961,170    9.6
     HARDWARE STORES 525....................   611   1,254,557,581  1,214,211,077   -3.2
     NURSERIES, GARDEN SUPPLIES 526......... 1,212     351,038,802    399,530,556   13.8
     MOBILE HOME DEALERS 527................   166     397,645,052    415,042,455    4.4
     OTHER 522, 524.........................     -          -            -           0.0
   GENERAL MERCHANDISE STORES 53............   410   6,258,681,114  6,657,272,725    6.4
     DEPARTMENT STORES 531..................    34   3,431,522,067  3,526,025,443    2.8
     VARIETY STORES 533.....................   140   1,891,510,810  2,100,891,582   11.1
     OTHER GENERAL MERCHANDISE..............   236     935,648,237  1,030,355,700   10.1
   FOOD STORES 54........................... 4,869  12,360,399,549 12,936,877,519    4.7
     GROCERY STORES 541..................... 2,962  11,486,477,796 12,018,440,732    4.6
     FRUIT/VEGETABLE/MEAT MARKETS 542, 543..   593     386,612,570    362,489,721   -6.2
     CANDY, NUT AND CONFECTIONERY 544.......   165      57,514,157     59,160,333    2.9
     DAIRY PRODUCTS 545.....................    58      32,984,745     34,396,738    4.3
     BAKERIES 546...........................   427     143,022,978    148,287,157    3.7
     OTHER FOOD STORES 549..................   664     253,787,303    314,102,838   23.8
   AUTOMOTIVE DEALERS & GAS STATIONS 55..... 4,731  16,054,344,316 16,891,465,374    5.2
     AUTO DEALERS (NEW & USED) 551, 552..... 1,655   9,941,422,890 10,689,473,381    7.5 

     ACCESSORY DEALERS 553.................. 1,095   1,482,530,595  1,550,803,939    4.6
     SERVICE STATIONS 554................... 1,110   3,396,357,074  3,371,767,295   -0.7
     MARINE, AIRCRAFT, ETC..................   871   1,234,033,757  1,279,420,759    3.7
   APPAREL AND ACCESSORIES 56............... 2,678   3,370,186,593  3,803,879,689   12.9
     CLOTHING 561-565....................... 1,511   2,785,658,872  3,200,015,165   14.9
     SHOES 566..............................   177     253,302,984    256,121,674    1.1
     OTHER ACCESSORIES 569..................   990     331,224,737    347,742,850    5.0
   FURNITURE, FURNISHINGS & EQUIPMENT 57.... 6,002   5,879,257,276  6,901,659,457   17.4
     FURNITURE 571.......................... 2,456   1,568,369,385  1,714,854,208    9.3
     APPLIANCES 572.........................   403     521,200,302    570,659,731    9.5
     ELECTRONICS/MUSIC STORES 573 .......... 3,143   3,789,687,589  4,616,145,518   21.8
   EATING AND DRINKING PLACES 58............11,920   5,370,381,498  5,723,544,927    6.6
   MISCELLANEOUS RETAIL 59..................33,829   9,667,377,736 10,956,435,285   13.3
     DRUG STORES 591........................   449   1,995,028,674  2,113,511,463    5.9
     MISCELLANEOUS SHOPPING GOODS 594....... 6,304   3,055,549,143  3,245,947,475    6.2
     NONSTORE RETAILERS 596................. 6,020   1,330,752,672  1,537,595,047   15.5 

     FUEL AND ICE 598.......................   231     585,938,649    573,168,171   -2.2
     OTHER RETAIL STORES....................20,825   2,700,108,598  3,486,213,129   29.1
                                                                                          

                                                         
                          TABLE 1: TOTAL GROSS BUSINESS INCOME
                                   STATEWIDE BY INDUSTRY (SIC)
                                   CALENDAR, 1996 AND 1997
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                                            CURRENT     CALENDAR    CALENDAR     PERCENT
 INDUSTRY AND SIC NUMBER                     UNITS        1996        1997        CHANGE 
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 FINANCE, INSURANCE AND REAL ESTATE.........  10,930  15,778,338,225 17,506,782,732   10.9
   FINANCE 60-62............................   2,179  10,305,897,520 11,385,862,285   10.5
   INSURANCE 63-64..........................   3,769   2,801,622,650  3,256,532,143   16.2
   REAL ESTATE 65-66........................   4,762   1,949,023,116  2,253,488,193   15.6
   OTHER FINANCE 67.........................     220     721,794,939    610,900,432  -15.4
 SERVICES AND OTHER BUSINESS................  99,714  49,306,291,179 54,218,645,062   10.0
   HOTELS, MOTELS, ETC. 70..................   2,177   1,311,897,798  1,388,820,223    5.9
   PERSONAL SERVICES 72.....................  11,458   1,199,028,654  1,281,794,922    6.9
     LAUNDRIES, CLEANERS 721................   2,982     473,857,115    513,126,625    8.3
     PHOTOGRAPHIC STUDIOS 722...............   1,283     115,661,608    126,946,039    9.8
     BARBER AND BEAUTY SHOPS 723, 724.......   5,626     366,150,734    382,266,409    4.4
     FUNERAL SERVICES 726...................     149     103,434,229    109,107,197    5.5
     OTHER PERSONAL SERVICES................   1,418     139,924,968    150,348,652    7.4
   BUSINESS SERVICES 73.....................  27,749  18,224,313,442 20,473,701,579   12.3
     ADVERTISING 731........................     887     540,929,038    623,338,198   15.2
     CREDIT AND COLLECTION AGENCIES 732.....     180     131,813,711    134,346,664    1.9
     SERVICES TO DWELLINGS AND BLDGS. 734...   3,722     452,103,956    483,060,712    6.8
     COMPUTER SERVICES 737 .................   5,700   8,488,765,549  9,409,507,944   10.8
     OTHER BUSINESS SERVICES................  17,260   8,610,701,188  9,823,448,061   14.1
   AUTOMOTIVE REPAIR, SERVICES 75...........   7,524   3,006,712,969  3,378,442,400   12.4
     RENTAL AND LEASING 751.................     563   1,166,303,612  1,309,193,498   12.3
     REPAIR SHOPS 753.......................   5,758   1,534,664,823  1,720,228,731   12.1
     OTHER AUTOMOTIVE SERVICES..............   1,203     305,744,534    349,020,171   14.2
   MISCELLANEOUS REPAIR SERVICES 76.........   6,876   1,014,433,352  1,118,667,715   10.3
   MOTION PICTURE THEATERS & PRODUCTION 78..   1,139     622,356,058    617,230,379   -0.8
   AMUSEMENT AND RECREATION SERVICES 79.....   3,776   1,523,487,861  1,604,081,604    5.3
   MEDICAL AND HEALTH SERVICES 80...........  13,539  10,811,498,899 11,716,311,500    8.4
     DRS/OTHER PRACTITIONERS 801, 803, 804..   9,396   4,607,033,554  5,006,756,203    8.7
     DENTISTS 802...........................   2,874   1,432,740,710  1,547,720,563    8.0
     HOSPITALS 806..........................     132   3,214,672,300  3,453,508,762    7.4
     LABORATORIES 807.......................     584     471,148,101    495,295,021    5.1
     OTHER HEALTH SERVICES..................     553   1,085,904,234  1,213,030,951   11.7
   LEGAL SERVICES 81........................   4,439   1,896,717,426  2,038,745,796    7.5
   OTHER SERVICES 82-89.....................  19,972   9,523,804,877 10,415,246,767    9.4
     ENGINEERS AND ARCHITECTS 871...........   3,096   2,812,558,339  2,876,647,113    2.3
     ACCOUNTANTS AND BOOKKEEPERS 872........   3,427     989,170,979  1,106,671,711   11.9
     OTHER SERVICES.........................  13,449   5,722,075,559  6,431,927,943   12.4
   GOVERNMENT 91-97.........................     306     122,370,831    132,078,980    7.9
   OTHER BUSINESS 00,98-99..................     759      49,669,012     53,523,197    7.8
                                                                                          
 TOTAL ALL INDUSTRIES ...................... 265,594 321,484,794,038 353,593,500,262  10.3