Quarterly Business Review

1st Quarter, 1998

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                         TABLE 1: TOTAL GROSS BUSINESS INCOME                              
                                  STATEWIDE BY INDUSTRY (SIC)                              
                                  1ST QUARTER, 1997 AND 1998                               
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                                           CURRENT     1ST QUARTER    1ST QUARTER  PERCENT 
INDUSTRY AND SIC NUMBER                     UNITS          1997           1998     CHANGE  
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AGRICULTURE, FORESTRY AND FISHING..........   4,841     467,083,040     473,850,362    1.4 
  AGRICULTURAL SERVICES 07.................   4,254     243,931,260     271,161,706   11.2 
  FORESTRY 08..............................     202      63,270,868      50,945,535  -19.5 
  FISHING 09...............................      90      91,618,177      62,577,037  -31.7 
  OTHER AGRICULTURE........................     295      68,262,735      89,166,084   30.6 
MINING AND QUARRYING.......................     101      87,009,523      81,450,578   -6.4 
  METAL MINING 10..........................       9      14,840,625       8,944,827  -39.7 
  SAND AND GRAVEL 144......................      33      11,912,493      16,904,838   41.9 
  OTHER MINING AND QUARRYING...............      59      60,256,405      55,600,913   -7.7 
CONTRACT CONSTRUCTION......................  26,332   4,227,144,098   4,631,523,389    9.6 
  GENERAL BUILDING CONTRACTORS 15..........   9,078   1,769,166,010   1,952,227,458   10.3 
  HEAVY CONSTRUCTION (INCL. HIGHWAYS) 16...   1,143     510,870,309     504,457,812   -1.3 
  SPECIAL TRADE CONTRACTORS 17.............  16,111   1,947,107,779   2,174,838,119   11.7 
    PLUMBING AND HEATING 171...............   2,045     394,812,193     440,121,963   11.5 
    ELECTRICAL 173.........................   1,724     412,106,847     444,079,583    7.8 
    MASONRY 174............................   1,561     201,407,910     226,827,260   12.6 
    OTHER TRADE CONTRACTORS................  10,781     938,780,829   1,063,809,313   13.3 
MANUFACTURING..............................   7,431  16,725,074,108  16,910,139,793    1.1 
  FOOD PRODUCTS 20.........................     337   2,086,284,408   2,004,597,421   -3.9 
    MEAT PRODUCTS 201......................      34     367,319,385     393,986,194    7.3 
    DAIRY PRODUCTS 202.....................      20     255,189,004     247,242,732   -3.1 
    CANNING AND PRESERVING 203.............      53     459,697,937     412,820,094  -10.2 
    GRAIN MILL PRODUCTS 204................      29     195,140,685     201,474,342    3.2 
    BAKERY PRODUCTS 205....................      21      77,487,141      45,073,772  -41.8 
    CONFECTIONERY PRODUCTS 206.............      17      18,145,959      16,256,810  -10.4 
    BEVERAGES 208..........................      79     249,147,806     244,857,200   -1.7 
    MISCELLANEOUS FOOD PRODUCTS............      84     464,156,491     442,886,277   -4.6 
  APPAREL AND TEXTILES 22, 23..............     239     149,161,957     152,596,020    2.3 
    MEN'S, YOUTHS', AND BOYS' 231, 232.....      21      36,483,957      34,491,084   -5.5 
    WOMEN'S, MISSES', & JUNIORS' 233, 234..      10      23,527,575      18,624,264  -20.8 
    OTHER APPAREL AND TEXTILES.............     208      89,150,425      99,480,672   11.6 
  LUMBER AND WOOD PRODUCTS 24..............   1,747   2,064,051,490   1,680,620,629  -18.6 
    LOGGING CAMPS AND CONTRACTORS 241......     902     577,889,340     393,177,976  -32.0 
    SAWMILLS AND PLANING MILLS 242.........     187     830,707,562     652,841,233  -21.4 
    OTHER WOOD PRODUCTS....................     658     655,454,588     634,601,420   -3.2 
  FURNITURE AND FIXTURES 25................     235      77,901,007      75,060,956   -3.6 
    HOUSEHOLD FURNITURE 251................     164      31,271,254      30,328,487   -3.0 
    OTHER FURNITURE AND FIXTURES...........      71      46,629,753      44,732,469   -4.1 
  PAPER AND ALLIED PRODUCTS 26.............      74     746,278,705     686,290,109   -8.0 
    PULP/PAPER MILLS 261, 262, 263.........      23     571,569,843     481,877,311  -15.7 
    PAPERBOARD CONTAINERS 265..............      21      77,219,716      95,981,172   24.3 
    CONVERTED PAPER PRODUCTS 267...........      30      97,489,146     108,431,626   11.2 
  PRINTING, PUBLISHING, ETC. 27............   1,391     692,304,491     700,906,395    1.2 
    NEWSPAPERS 271.........................     142     233,699,196     247,959,980    6.1 
    PERIODICALS AND BOOKS 272-274..........     526     183,268,419     175,319,982   -4.3 
    COMMERCIAL PRINTING 275................     630     250,000,380     252,287,404    0.9 
    OTHER PRINTING.........................      93      25,336,496      25,339,029    0.0 
  CHEMICALS AND ALLIED PRODUCTS 28.........     149     402,304,030     375,948,988   -6.6 
    CHEMICALS AND PLASTICS 281, 282........      45     163,531,749     151,561,163   -7.3 
    DRUGS 283..............................      21      21,038,786      14,792,662  -29.7 
    OTHER CHEMICAL PRODUCTS 284-289........      83     217,733,495     209,595,163   -3.7 
  PETROLEUM REFINING 29....................      18     412,065,543     281,903,122  -31.6 
  RUBBER AND PLASTICS PRODUCTS 30..........     145     153,058,345     159,211,261    4.0 
  LEATHER AND LEATHER PRODUCTS 31..........      21      14,486,189      14,361,940   -0.9 
  STONE/CLAY/GLASS/CONCRETE PRODUCTS 32....     201     252,360,314     270,810,527    7.3 
  PRIMARY METAL INDUSTRIES 33..............     111   1,013,339,247     955,060,088   -5.8 
    IRON & STEEL FOUNDRIES, MILLS 331, 332.      53     142,762,115     132,250,278   -7.4 
    PRIMARY SMELTING/NONFERR0US METALS 333.       6     528,084,495     472,900,860  -10.4 
    FOUNDRIES, NONFERROUS METALS 334-339...      52     342,492,637     349,908,950    2.2 
  FABRICATED METAL PRODUCTS 34.............     490     469,181,603     458,711,978   -2.2 
    CANS 341...............................      D       75,164,218            D       0.0 
    STRUCTURAL PRODUCTS 344................     227     183,407,813     183,487,817    0.0 
    OTHER FABRICATED METAL PRODUCTS........     261     210,609,572     275,224,161   30.7 
  MACHINERY, EXCEPT ELECTRIC 35............     859     719,310,462     826,648,724   14.9 
    FARM MACHINERY AND EQUIPMENT 352.......      20       7,302,878       7,035,064   -3.7 
    CONSTRUCTION & HANDLING EQUIPMENT 353..      62     110,144,011     132,245,957   20.1 
    SPECIAL INDUSTRIAL MACHINERY 355.......      74     117,957,218     115,183,899   -2.4 
    OTHER MACHINERY........................     703     483,906,355     572,183,804   18.2 
  ELECTRICAL MACHINERY AND SUPPLIES 36.....     205     637,192,334     674,229,609    5.8 
  TRANSPORTATION EQUIPMENT 37..............     527   6,263,949,947   6,946,391,665   10.9 
    MOTOR VEHICLES AND EQUIPMENT 371.......      75      57,810,615      54,708,156   -5.4 
    AIRCRAFT AND PARTS 372.................      90   5,739,123,329   6,417,667,812   11.8 
    SHIP AND BOAT BUILDINGS 373............     315     167,666,616     146,633,079  -12.5 
    OTHER TRANSPORTATION EQUIPMENT 374-379.      47     299,349,387     327,382,618    9.4 
                                                                                           
                                                                                           
                                                                                           
                         TABLE 1: TOTAL GROSS BUSINESS INCOME                 
                                  STATEWIDE BY INDUSTRY (SIC)                              
                                  1ST QUARTER, 1997 AND 1998                               
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                                           CURRENT     1ST QUARTER    1ST QUARTER  PERCENT 
INDUSTRY AND SIC NUMBER                     UNITS          1997           1998     CHANGE  
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  PROFESSIONAL & SCIENTIFIC INSTRUMENTS 38.     172     408,892,111     473,293,216   15.8 
  MISCELLANEOUS MANUFACTURING 39...........     510     162,951,925     173,497,145    6.5 
TRANSPORTATION AND ALLIED SERVICES.........   3,837   1,653,626,579   1,576,093,395   -4.7 
  RAILROADS 40.............................      13     175,647,002     170,524,577   -2.9 
  LOCAL AND SUBURBAN TRANSIT 41............     280      91,988,855      83,853,909   -8.8 
  MOTOR FREIGHT AND WAREHOUSING 42.........   2,418     773,087,322     791,960,920    2.4 
  WATER TRANSPORTATION 44..................     309     301,851,950     267,196,723  -11.5 
  AIR TRANSPORTATION SERVICES 45...........     215     123,744,590      77,385,753  -37.5 
  TRANSPORTATION SERVICES 46, 47...........     602     187,306,860     185,171,513   -1.1 
COMMUNICATION AND UTILITIES................   1,523   3,683,384,929   3,664,663,324   -0.5 
  COMMUNICATION 48.........................     764   1,461,288,199   1,527,690,426    4.5 
  ELECTRIC COMPANIES 491...................      66   1,016,096,368   1,132,424,565   11.4 
  GAS COMPANIES 492........................      11     202,764,966      75,979,483  -62.5 
  WATER COMPANIES 494......................     402     183,762,596     204,699,498   11.4 
  OTHER UTILITIES..........................     280     819,472,800     723,869,352  -11.7 
WHOLESALE TRADE............................  14,499  21,001,595,059  19,391,698,005   -7.7 
  DURABLE GOODS 50.........................   9,420  11,806,665,176  10,567,696,505  -10.5 
    MOTOR VEHICLES AND AUTO EQUIPMENT 501..     784   1,888,152,060   1,955,354,133    3.6 
    FURNITURE AND HOME FURNISHINGS 502.....     414     336,350,575     373,059,247   10.9 
    LUMBER AND CONSTRUCTION MATERIALS 503..     795   1,022,232,358   1,011,355,226   -1.1 
    SPORTING, RECREATIONAL EQUIPMENT 504...   2,038   3,002,635,284   1,968,748,028  -34.4 
    ELECTRICAL GOODS 506...................   1,180   1,599,145,295   1,524,742,104   -4.7 
    HARDWARE/PLUMBING/HEATING SUPPLIES 507.     595     456,065,873     493,261,641    8.2 
    MACHINERY AND EQUIPMENT 508............   2,316   1,989,479,950   2,012,758,934    1.2 
    OTHER WHOLESALERS 505, 509.............   1,298   1,512,603,781   1,228,417,192  -18.8 
  NONDURABLE GOODS 51......................   5,079   9,194,929,883   8,824,001,500   -4.0 
    PAPER AND PAPER PRODUCTS 511...........     413     570,610,838     558,132,750   -2.2 
    DRUGS AND SUNDRIES 512.................     243     739,320,889     808,382,728    9.3 
    APPAREL, PIECE GOODS AND NOTIONS 513...     332     348,080,399     344,709,584   -1.0 
    GROCERIES AND RELATED PRODUCTS 514.....   1,371   2,726,432,556   2,767,215,645    1.5 
    FARM-PRODUCT RAW MATERIALS 515.........     103     691,754,311     557,371,384  -19.4 
    CHEMICALS AND ALLIED PRODUCTS 516......     359     586,708,347     638,760,021    8.9 
    PETROLEUM AND PETROLEUM PRODUCTS 517...     248   2,184,258,110   1,745,747,397  -20.1 
    MISCELLANEOUS NONDURABLE GOODS.........   2,010   1,347,764,433   1,403,681,991    4.1 
RETAIL TRADE...............................  40,055  15,201,104,214  15,838,366,299    4.2 
  BLDG. MATERIALS, HARDWARE 52.............   2,141     959,841,415   1,028,835,069    7.2 
    LUMBER AND BLDG. MATERIALS 521.........     744     487,862,109     517,313,154    6.0 
    PAINT, GLASS, WALLPAPER 523............     199      65,802,906      75,358,490   14.5 
    HARDWARE STORES 525....................     509     261,804,764     264,316,017    1.0 
    NURSERIES, GARDEN SUPPLIES 526.........     569      71,157,183      80,089,024   12.6 
    MOBILE HOME DEALERS 527................     120      73,214,453      91,758,384   25.3 
    OTHER 522, 524.........................      -          -               -          0.0 
  GENERAL MERCHANDISE STORES 53............     329   1,318,993,698   1,457,515,690   10.5 
    DEPARTMENT STORES 531..................      34     696,990,625     711,133,167    2.0 
    VARIETY STORES 533.....................     111     416,752,479     508,669,292   22.1 
    OTHER GENERAL MERCHANDISE..............     184     205,250,594     237,713,231   15.8 
  FOOD STORES 54...........................   3,552   2,903,665,218   2,960,959,184    2.0 
    GROCERY STORES 541.....................   2,498   2,692,668,225   2,722,248,196    1.1 
    FRUIT/VEGETABLE/MEAT MARKETS 542, 543..     278      91,620,469      72,575,759  -20.8 
    CANDY, NUT AND CONFECTIONERY 544.......      88      14,138,365      12,590,911  -10.9 
    DAIRY PRODUCTS 545.....................      37       6,168,383       8,025,176   30.1 
    BAKERIES 546...........................     297      31,768,461      59,692,118   87.9 
    OTHER FOOD STORES 549..................     354      67,301,315      85,827,024   27.5 
  AUTOMOTIVE DEALERS & GAS STATIONS 55.....   3,840   4,023,446,712   3,972,398,038   -1.3 
    AUTO DEALERS (NEW & USED) 551, 552.....   1,386   2,620,569,518   2,596,009,208   -0.9 
    ACCESSORY DEALERS 553..................     875     341,278,351     355,636,296    4.2 
    SERVICE STATIONS 554...................     970     781,323,389     697,096,911  -10.8 
    MARINE, AIRCRAFT, ETC..................     609     280,275,454     323,655,623   15.5 
  APPAREL AND ACCESSORIES 56...............   1,579     725,032,498     760,160,229    4.8 
    CLOTHING 561-565.......................     973     600,699,810     625,832,601    4.2 
    SHOES 566..............................     157      55,426,162      55,672,178    0.4 
    OTHER ACCESSORIES 569..................     449      68,906,526      78,655,450   14.1 
  FURNITURE, FURNISHINGS & EQUIPMENT 57....   4,109   1,515,417,519   1,687,227,162   11.3 
    FURNITURE 571..........................   1,688     375,202,838     409,734,331    9.2 
    APPLIANCES 572.........................     313     132,396,673     139,637,079    5.5 
    ELECTRONICS/MUSIC STORES 573 ..........   2,108   1,007,818,008   1,137,855,752   12.9 
  EATING AND DRINKING PLACES 58............   9,629   1,311,771,044   1,363,971,674    4.0 
  MISCELLANEOUS RETAIL 59..................  14,876   2,442,936,110   2,607,299,253    6.7 
    DRUG STORES 591........................     398     503,189,531     516,406,095    2.6 
    MISCELLANEOUS SHOPPING GOODS 594.......   3,568     693,784,064     721,818,771    4.0 
    NONSTORE RETAILERS 596.................   2,351     335,385,343     366,374,176    9.2 
    FUEL AND ICE 598.......................     158     163,736,479     123,834,846  -24.4 
    OTHER RETAIL STORES....................   8,401     746,840,693     878,865,365   17.7 
                                                                                           
                                                                                           
                         TABLE 1: TOTAL GROSS BUSINESS INCOME                              
                                  STATEWIDE BY INDUSTRY (SIC)                              
                                  1ST QUARTER, 1997 AND 1998                               
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                                           CURRENT     1ST QUARTER    1ST QUARTER  PERCENT 
INDUSTRY AND SIC NUMBER                     UNITS          1997           1998     CHANGE  
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FINANCE, INSURANCE AND REAL ESTATE.........   7,055   3,840,598,400   3,992,296,682    3.9 
  FINANCE 60-62............................   1,632   2,433,332,169   2,534,462,043    4.2 
  INSURANCE 63-64..........................   2,115     756,998,787     831,431,763    9.8 
  REAL ESTATE 65-66........................   3,167     494,345,247     509,702,162    3.1 
  OTHER FINANCE 67.........................     141     155,922,197     116,700,714  -25.2 
SERVICES AND OTHER BUSINESS................  59,537  12,360,532,936  13,210,957,124    6.9 
  HOTELS, MOTELS, ETC. 70..................   1,564     265,428,500     287,978,940    8.5 
  PERSONAL SERVICES 72.....................   5,515     274,204,031     289,145,472    5.4 
    LAUNDRIES, CLEANERS 721................   1,696     112,889,284     119,122,831    5.5 
    PHOTOGRAPHIC STUDIOS 722...............     562      21,753,057      22,015,843    1.2 
    BARBER AND BEAUTY SHOPS 723, 724.......   2,418      76,472,481      79,751,223    4.3 
    FUNERAL SERVICES 726...................     138      27,604,507      29,753,759    7.8 
    OTHER PERSONAL SERVICES................     701      35,484,702      38,501,816    8.5 
  BUSINESS SERVICES 73.....................  15,441   4,606,739,177   4,995,273,574    8.4 
    ADVERTISING 731........................     571     137,975,543     147,707,286    7.1 
    CREDIT AND COLLECTION AGENCIES 732.....     142      35,059,630      35,850,135    2.3 
    SERVICES TO DWELLINGS AND BLDGS. 734...   1,736     101,107,877     108,102,523    6.9 
    COMPUTER SERVICES 737 .................   3,253   2,235,012,334   2,160,214,419   -3.3 
    OTHER BUSINESS SERVICES................   9,739   2,097,583,793   2,543,399,211   21.3 
  AUTOMOTIVE REPAIR, SERVICES 75...........   5,272     788,221,559     808,604,298    2.6 
    RENTAL AND LEASING 751.................     374     294,404,174     301,975,519    2.6 
    REPAIR SHOPS 753.......................   4,075     412,795,015     418,846,814    1.5 
    OTHER AUTOMOTIVE SERVICES..............     823      81,022,370      87,781,965    8.3 
  MISCELLANEOUS REPAIR SERVICES 76.........   3,865     248,202,862     257,093,683    3.6 
  MOTION PICTURE THEATERS & PRODUCTION 78..     696     140,160,697     150,228,687    7.2 
  AMUSEMENT AND RECREATION SERVICES 79.....   1,960     342,422,670     351,197,143    2.6 
  MEDICAL AND HEALTH SERVICES 80...........  10,276   2,762,401,976   3,010,380,005    9.0 
    DRS/OTHER PRACTITIONERS 801, 803, 804..   6,601   1,167,402,362   1,262,472,141    8.1 
    DENTISTS 802...........................   2,725     380,881,464     409,074,575    7.4 
    HOSPITALS 806..........................     120     822,497,202     911,974,384   10.9 
    LABORATORIES 807.......................     430     115,443,191     117,675,516    1.9 
    OTHER HEALTH SERVICES..................     400     276,177,757     309,183,389   12.0 
  LEGAL SERVICES 81........................   3,441     468,097,105     510,436,442    9.0 
  OTHER SERVICES 82-89.....................  11,056   2,422,133,053   2,514,319,952    3.8 
    ENGINEERS AND ARCHITECTS 871...........   2,084     691,158,702     713,497,742    3.2 
    ACCOUNTANTS AND BOOKKEEPERS 872........   2,005     288,344,766     314,648,332    9.1 
    OTHER SERVICES.........................   6,967   1,442,629,585   1,486,173,878    3.0 
  GOVERNMENT 91-97.........................     219      26,636,774      28,997,108    8.9 
  OTHER BUSINESS 00,98-99..................     232      15,884,532       7,301,820  -54.0 
                                                                                           
TOTAL ALL INDUSTRIES ...................... 165,211  79,247,152,886  79,771,038,951    0.7 
                                                                                           
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