Quarterly Business Review

1st Quarter, 1998

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                              TABLE 6:  STATE RETAIL SALES TAX*:                           
                                        GROSS INCOME, TAXABLE INCOME & TAXDUE              
                                        STATEWIDE AMOUNTS BY INDUSTRY (SIC)                
                                        1ST QUARTER, 1998                                  
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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  $12,318,156,033  $8,090,954,763   $525,912,541 
  BUILDING MATERIALS/HARDWARE.......    52      641,844,719     609,902,047     39,643,666 
    LUMBER/BLDING MATERIALS 521-522.            279,342,303     269,840,627     17,539,647 
    PAINT, GLASS, WALLPAPER 523.....             30,058,386      29,104,143      1,891,778 
    HARDWARE STORES 525.............            224,753,146     211,853,137     13,770,466 
    NURSERIES/GARDEN SUPPLIES 526...             44,124,519      39,796,099      2,586,742 
    MOBILE HOME DEALERS 527.........             63,566,365      59,308,041      3,855,033 
    OTHER...........................                      0               0              0 
  GENERAL MERCHANDISE...............    53    1,321,673,578   1,055,780,435     68,625,721 
    DEPARTMENT STORES 531...........            699,235,691     638,540,841     41,505,152 
    VARIETY STORES 533..............            391,597,270     228,282,564     14,838,360 
    OTHER GENERAL MERCHANDISE.......            230,840,617     188,957,030     12,282,209 
  FOOD..............................    54    2,663,263,844     909,480,177     59,116,245 
    GROCERY STORES 541..............          2,577,894,114     867,440,199     56,383,638 
    FRUIT/VEGETABLE/MEAT 542-543....             14,846,288       3,601,702        234,106 
    CANDY/NUT/CONFECTIONERY 544.....              7,357,780       1,309,322         85,108 
    DAIRY PRODUCTS 545..............              5,366,432       1,670,764        108,599 
    BAKERIES 546....................             18,841,745       7,841,320        509,694 
    OTHER FOOD STORES...............             38,957,485      27,616,870      1,795,100 
  AUTO DEALERS/GAS STATIONS.........    55    2,847,042,363   1,941,221,903    126,179,579 
    AUTO DEALERS (NEW/USED) 551-552.          1,911,443,551   1,486,544,514     96,625,489 
    ACCESSORY DEALERS 553...........            212,178,750     196,538,522     12,775,043 
    SERVICE STATIONS 554............            505,513,648      99,181,192      6,446,786 
    MARINE/AIRCRAFT, ETC............            217,906,414     158,957,675     10,332,261 
  APPAREL/ACCESSORIES...............    56      670,865,554     351,422,079     22,842,456 
    CLOTHING 561-565................            590,766,322     275,668,504     17,918,464 
    SHOES 566.......................             45,537,685      43,936,448      2,855,875 
    OTHER ACCESSORIES...............             34,561,547      31,817,127      2,068,117 
  FURNITURE/FURNISHINGS/EQUIP.......    57    1,059,316,346     805,355,553     52,348,172 
    FURNITURE 571...................            292,651,166     273,733,530     17,792,715 
    APPLIANCES 572..................            115,457,007     110,181,672      7,161,799 
    ELECTRONICS/MUSIC STORES 573....            651,208,173     421,440,351     27,393,658 
    OTHER...........................                      0               0              0 
  EATING/DRINKING PLACES............    58    1,231,210,498   1,194,455,320     77,639,699 
  MISCELLANEOUS RETAIL STORES.......    59    1,882,939,131   1,223,337,249     79,517,003 
    DRUG STORES 591.................            506,391,984     178,472,054     11,600,683 
    MISCELLANEOUS SHOPPING GOODS 594            544,825,645     479,160,212     31,145,451 
    NONSTORE RETAILERS 596..........            258,371,141     156,732,525     10,187,634 
    FUEL/ICE 598....................             94,905,437      56,927,850      3,700,315 
    OTHER RETAIL STORES.............            478,444,924     352,044,608     22,882,920 
SERVICES                             70-89    2,731,205,503   2,126,760,533    138,239,633 
  HOTELS/MOTELS, ETC 70.............            265,304,098     255,324,745     16,596,122 
  PERSONAL SERVICES 72..............            136,718,824     126,033,062      8,192,159 
  BUSINESS SERVICES 73..............          1,029,315,312     719,294,709     46,754,249 
    COMPUTER SERVICES 737...........            253,773,359     151,212,852      9,828,868 
  AUTOMOTIVE REPAIR/SERVICES 75.....            556,633,954     523,389,107     34,020,325 
  OTHER SERVICES....................            743,233,315     502,718,910     32,676,778 
CONTRACTING......................... 15-17    2,822,037,008   2,260,118,614    146,908,042 
MANUFACTURING....................... 19-39    1,738,073,781     441,096,266     28,671,345 
TRANSPORTATION/COMM./UTILITIES...... 40-49    1,107,663,616     800,689,793     52,044,879 
WHOLESALING......................... 50-51    3,137,647,519   2,015,914,505    131,034,599 
FINANCE/INSURANCE/REAL ESTATE....... 60-67      311,061,672     247,561,273     16,091,501 
OTHER BUSINESS 0-14 & 90'S..........            135,223,763     123,155,625      8,005,159 
                                                                                           
TOTAL ALL INDUSTRIES................        $24,301,068,895 $16,106,251,372 $1,046,907,699 
                                                                                           
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*STATE TAX ONLY; EXCLUDES ACCRUED LOCAL SALES TAX REVENUES.