Quarterly Business Review

2nd Quarter, 1998

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                    TABLE 5:  BUSINESS & OCCUPATION TAX:                                   
                              GROSS INCOME, TAXABLE INCOME & TAXDUE                        
                              STATEWIDE AMOUNTS BY INDUSTRY (SIC)                          
                              2ND QUARTER, 1998                                            
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  INDUSTRY AND SIC NUMBER                          INCOME SUBJECT TO B&O TAX       ACCRUED 
                                                      GROSS          TAXABLE       B&O TAX 
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AGRICULTURE, FORESTRY AND FISHING..........     539,613,417      472,816,108     3,663,240 
  AGRICULTURAL SERVICES 07.................     350,406,140      331,300,586     2,846,915 
  FORESTRY 08..............................      54,201,607       49,846,449       373,201 
  FISHING 09...............................      40,404,222       13,815,266        72,666 
  OTHER AGRICULTURE........................      94,601,448       77,853,807       370,458 
MINING AND QUARRYING.......................     100,340,151       98,593,495       500,423 
  METAL MINING 10..........................      10,917,902       10,904,396        54,622 
  SAND AND GRAVEL 144......................      38,365,899       38,113,579       196,057 
  OTHER MINING AND QUARRYING...............      51,056,350       49,575,520       249,744 
CONTRACT CONSTRUCTION......................   5,386,489,073    4,878,370,224    24,121,930 
  GENERAL BUILDING CONTRACTORS 15..........   2,254,297,069    2,017,590,659     9,831,548 
  HEAVY CONSTRUCTION (INCL. HIGHWAYS) 16...     630,410,724      587,689,420     3,053,756 
  SPECIAL TRADE CONTRACTORS 17.............   2,501,781,280    2,273,090,145    11,236,626 
    PLUMBING AND HEATING 171...............     477,322,598      444,444,240     2,234,850 
    ELECTRICAL 173.........................     500,145,476      441,208,112     2,184,832 
    MASONRY 174............................     255,788,424      239,936,154     1,154,945 
    OTHER TRADE CONTRACTORS................   1,268,524,782    1,147,501,639     5,661,999 
MANUFACTURING..............................  20,510,716,866   18,431,431,631    90,718,157 
  FOOD PRODUCTS 20.........................   2,109,103,038    1,809,769,721     6,758,505 
    MEAT PRODUCTS 201......................     411,908,082      388,389,808       613,874 
    DAIRY PRODUCTS 202.....................     268,258,696      252,426,774     1,144,667 
    CANNING AND PRESERVING 203.............     415,430,002      385,972,984     1,454,460 
    GRAIN MILL PRODUCTS 204................     195,615,334      171,548,790       769,192 
    BAKERY PRODUCTS 205....................      47,400,250       41,036,114       198,548 
    CONFECTIONERY PRODUCTS 206.............      13,513,129        8,585,706        37,202 
    BEVERAGES 208..........................     282,060,701      211,841,821     1,032,245 
    MISCELLANEOUS FOOD PRODUCTS............     474,916,844      349,967,724     1,508,317 
  APPAREL AND TEXTILES 22, 23..............     152,446,715      106,911,668       520,108 
    MEN'S, YOUTHS', AND BOYS' 231, 232.....      36,016,560       25,730,099       125,998 
    WOMEN'S, MISSES', & JUNIORS' 233, 234..      10,627,019       10,071,961        49,157 
    OTHER APPAREL AND TEXTILES.............     105,803,136       71,109,608       344,953 
  LUMBER AND WOOD PRODUCTS 24..............   1,934,082,973    1,675,558,046     8,541,541 
    LOGGING CAMPS AND CONTRACTORS 241......     404,711,170      320,405,675     1,602,488 
    SAWMILLS AND PLANING MILLS 242.........     788,626,883      748,640,783     3,936,362 
    OTHER WOOD PRODUCTS....................     740,744,920      606,511,588     3,002,691 
  FURNITURE AND FIXTURES 25................      86,793,565       68,030,550       333,772 
    HOUSEHOLD FURNITURE 251................      32,743,331       27,051,927       131,247 
    OTHER FURNITURE AND FIXTURES...........      54,050,234       40,978,623       202,525 
  PAPER AND ALLIED PRODUCTS 26.............     773,571,602      644,031,379     3,136,940 
    PULP/PAPER MILLS 261, 262, 263.........     570,143,479      470,794,524     2,293,808 
    PAPERBOARD CONTAINERS 265..............      98,733,497       79,899,407       392,151 
    CONVERTED PAPER PRODUCTS 267...........     104,694,626       93,337,448       450,981 
  PRINTING, PUBLISHING, ETC. 27............     661,232,195      560,668,243     3,502,137 
    NEWSPAPERS 271.........................     259,077,396      218,700,001     1,080,352 
    PERIODICALS AND BOOKS 272-274..........     164,340,070      133,299,588     1,399,888 
    COMMERCIAL PRINTING 275................     212,301,606      185,130,891       899,802 
    OTHER PRINTING.........................      25,513,123       23,537,763       122,095 
  CHEMICALS AND ALLIED PRODUCTS 28.........     381,676,007      333,914,378     1,665,513 
    CHEMICALS AND PLASTICS 281, 282........     171,524,636      141,710,776       685,646 
    DRUGS 283..............................      12,739,922       11,208,110        61,651 
    OTHER CHEMICAL PRODUCTS 284-289........     197,411,449      180,995,492       918,216 
  PETROLEUM REFINING 29....................     312,056,790      297,309,343     1,439,718 
  RUBBER AND PLASTICS PRODUCTS 30..........     173,914,244      153,641,096       746,521 
  LEATHER AND LEATHER PRODUCTS 31..........      17,289,406        4,273,756        20,631 
  STONE/CLAY/GLASS/CONCRETE PRODUCTS 32....     337,004,620      279,762,251     1,362,204 
  PRIMARY METAL INDUSTRIES 33..............   1,027,580,467      934,511,713     4,534,223 
    IRON & STEEL FOUNDRIES, MILLS 331, 332.     149,722,474      139,740,545       676,430 
    PRIMARY SMELTING/NONFERR0US METALS 333.     530,048,641      527,380,599     2,553,396 
    FOUNDRIES, NONFERROUS METALS 334-339...     347,809,352      267,390,569     1,304,397 
  FABRICATED METAL PRODUCTS 34.............     559,654,300      470,674,653     2,280,086 
    CANS 341...............................      89,676,074       88,848,455       430,027 
    STRUCTURAL PRODUCTS 344................     202,068,792      169,577,804       819,723 
    OTHER FABRICATED METAL PRODUCTS........     267,909,434      212,248,394     1,030,336 
  MACHINERY, EXCEPT ELECTRIC 35............     889,351,146      726,168,864     3,645,925 
    FARM MACHINERY AND EQUIPMENT 352.......       6,433,318        5,740,096        27,690 
    CONSTRUCTION & HANDLING EQUIPMENT 353..     133,876,384      122,092,547       598,258 
    SPECIAL INDUSTRIAL MACHINERY 355.......     119,245,259       95,194,003       485,447 
    OTHER MACHINERY........................     629,796,185      503,142,218     2,534,530 
  ELECTRICAL MACHINERY AND SUPPLIES 36.....     678,697,183      598,513,627     2,928,719 
  TRANSPORTATION EQUIPMENT 37..............   9,807,478,811    9,344,661,082    47,166,385 
    MOTOR VEHICLES AND EQUIPMENT 371.......      52,244,183       46,693,225       228,307 
    AIRCRAFT AND PARTS 372.................   9,195,217,630    8,798,777,333    44,377,028 
                                                                                           
                                                                                           
                                                                                           
                    TABLE 5:  BUSINESS & OCCUPATION TAX:                      
                              GROSS INCOME, TAXABLE INCOME & TAXDUE                        
                              STATEWIDE AMOUNTS BY INDUSTRY (SIC)                          
                              2ND QUARTER, 1998                                            
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  INDUSTRY AND SIC NUMBER                          INCOME SUBJECT TO B&O TAX       ACCRUED 
                                                      GROSS          TAXABLE       B&O TAX 
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    SHIP AND BOAT BUILDINGS 373............     176,835,681      146,818,752       716,908 
    OTHER TRANSPORTATION EQUIPMENT 374-379.     383,181,317      352,371,772     1,844,142 
  PROFESSIONAL & SCIENTIFIC INSTRUMENTS 38.     407,601,854      274,078,139     1,365,926 
  MISCELLANEOUS MANUFACTURING 39...........     201,181,950      148,953,122       769,303 
TRANSPORTATION AND ALLIED SERVICES.........     824,855,070      688,042,924     4,813,124 
  RAILROADS 40.............................      12,968,565       12,968,565       127,017 
  LOCAL AND SUBURBAN TRANSIT 41............      32,044,703       27,184,196       450,460 
  MOTOR FREIGHT AND WAREHOUSING 42.........     274,721,632      255,441,360     1,874,949 
  WATER TRANSPORTATION 44..................     232,435,641      180,241,330     1,106,708 
  AIR TRANSPORTATION SERVICES 45...........      74,435,911       46,875,848       412,498 
  TRANSPORTATION SERVICES 46, 47...........     198,248,618      165,331,625       841,492 
COMMUNICATION AND UTILITIES................   2,212,307,883    1,940,087,888    16,487,476 
  COMMUNICATION 48.........................   1,520,880,092    1,304,588,991     8,951,250 
  ELECTRIC COMPANIES 491...................      69,676,291       68,526,850       686,485 
  GAS COMPANIES 492........................         911,844          739,493         4,196 
  WATER COMPANIES 494......................      84,187,714       75,907,418     1,218,496 
  OTHER UTILITIES..........................     536,651,942      490,325,136     5,627,049 
WHOLESALE TRADE............................  21,590,295,437   16,566,299,628    85,833,383 
  DURABLE GOODS 50.........................  11,883,178,260    9,178,733,619    50,466,874 
    MOTOR VEHICLES AND AUTO EQUIPMENT 501..   2,024,924,727    1,476,662,129     7,282,674 
    FURNITURE AND HOME FURNISHINGS 502.....     414,916,725      362,500,349     1,811,975 
    LUMBER AND CONSTRUCTION MATERIALS 503..   1,210,195,198      941,369,596     4,590,217 
    SPORTING, RECREATIONAL EQUIPMENT 504...   2,036,917,286    1,718,028,338     9,272,600 
    ELECTRICAL GOODS 506...................   2,047,429,829    1,713,662,867    12,614,207 
    HARDWARE/PLUMBING/HEATING SUPPLIES 507.     548,806,126      448,353,953     2,229,193 
    MACHINERY AND EQUIPMENT 508............   2,257,801,055    1,795,792,498     8,811,007 
    OTHER WHOLESALERS 505, 509.............   1,342,187,314      722,363,889     3,855,001 
  NONDURABLE GOODS 51......................   9,707,117,177    7,387,566,009    35,366,509 
    PAPER AND PAPER PRODUCTS 511...........     468,362,784      386,776,621     1,878,377 
    DRUGS AND SUNDRIES 512.................     859,868,742      737,383,566     3,600,319 
    APPAREL, PIECE GOODS AND NOTIONS 513...     373,447,188      222,210,013     1,122,893 
    GROCERIES AND RELATED PRODUCTS 514.....   2,944,158,924    1,911,310,766     8,940,608 
    FARM-PRODUCT RAW MATERIALS 515.........     306,308,999      176,017,337       328,127 
    CHEMICALS AND ALLIED PRODUCTS 516......     790,467,980      699,128,338     3,448,598 
    PETROLEUM AND PETROLEUM PRODUCTS 517...   2,288,775,326    1,957,988,875     9,601,135 
    MISCELLANEOUS NONDURABLE GOODS.........   1,675,727,234    1,296,750,493     6,446,452 
RETAIL TRADE...............................  18,055,891,638   15,858,438,379    79,434,857 
  BLDG. MATERIALS, HARDWARE 52.............   1,377,758,271    1,304,144,789     6,285,068 
    LUMBER AND BLDG. MATERIALS 521.........     677,304,404      633,206,320     3,047,069 
    PAINT, GLASS, WALLPAPER 523............      98,050,100       93,841,638       448,385 
    HARDWARE STORES 525....................     344,426,168      334,887,610     1,590,496 
    NURSERIES, GARDEN SUPPLIES 526.........     136,296,567      125,405,299       631,880 
    MOBILE HOME DEALERS 527................     121,681,032      116,803,922       567,238 
    OTHER 522, 524.........................               -                -             - 
  GENERAL MERCHANDISE STORES 53............   1,597,747,649    1,548,754,675     7,562,100 
    DEPARTMENT STORES 531..................     806,033,230      763,861,921     3,683,850 
    VARIETY STORES 533.....................     501,976,698      500,126,454     2,513,951 
    OTHER GENERAL MERCHANDISE..............     289,737,721      284,766,300     1,364,299 
  FOOD STORES 54...........................   3,300,045,036    3,124,679,267    15,001,373 
    GROCERY STORES 541.....................   3,033,334,425    2,910,706,833    13,997,746 
    FRUIT/VEGETABLE/MEAT MARKETS 542, 543..      80,004,223       56,404,436       237,886 
    CANDY, NUT AND CONFECTIONERY 544.......      11,399,533       11,070,523        53,320 
    DAIRY PRODUCTS 545.....................       8,839,365        6,826,692        32,897 
    BAKERIES 546...........................      81,526,895       77,341,345       374,727 
    OTHER FOOD STORES 549..................      84,940,595       62,329,438       304,797 
  AUTOMOTIVE DEALERS & GAS STATIONS 55.....   4,722,892,349    4,261,443,499    21,021,146 
    AUTO DEALERS (NEW & USED) 551, 552.....   2,983,493,745    2,851,056,681    14,096,098 
    ACCESSORY DEALERS 553..................     526,347,291      484,029,130     2,368,771 
    SERVICE STATIONS 554...................     773,725,523      567,691,152     2,738,089 
    MARINE, AIRCRAFT, ETC..................     439,325,790      358,666,536     1,818,188 
  APPAREL AND ACCESSORIES 56...............     889,752,772      480,784,282     2,341,112 
    CLOTHING 561-565.......................     741,328,277      362,563,165     1,768,588 
    SHOES 566..............................      62,073,966       60,916,493       290,995 
    OTHER ACCESSORIES 569..................      86,350,529       57,304,624       281,529 
  FURNITURE, FURNISHINGS & EQUIPMENT 57....   1,830,700,044    1,385,118,241     7,753,095 
    FURNITURE 571..........................     458,404,663      422,942,660     2,096,649 
    APPLIANCES 572.........................     133,328,785      129,221,900       664,642 
    ELECTRONICS/MUSIC STORES 573 ..........   1,238,966,596      832,953,681     4,991,804 
  EATING AND DRINKING PLACES 58............   1,536,332,491    1,481,352,239     7,657,145 
  MISCELLANEOUS RETAIL 59..................   2,800,663,026    2,272,161,387    11,813,818 
    DRUG STORES 591........................     574,079,309      525,396,357     2,537,346 
                                                                                           
                                                                                           
                                                                                           
                    TABLE 5:  BUSINESS & OCCUPATION TAX:                                   
                              GROSS INCOME, TAXABLE INCOME & TAXDUE                        
                              STATEWIDE AMOUNTS BY INDUSTRY (SIC)                          
                              2ND QUARTER, 1998                                            
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  INDUSTRY AND SIC NUMBER                          INCOME SUBJECT TO B&O TAX       ACCRUED 
                                                      GROSS          TAXABLE       B&O TAX 
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    MISCELLANEOUS SHOPPING GOODS 594.......     754,602,097      627,420,889     3,102,292 
    NONSTORE RETAILERS 596.................     363,363,513      218,781,541     1,269,567 
    FUEL AND ICE 598.......................     117,973,139       98,255,117       474,403 
    OTHER RETAIL STORES....................     990,644,968      802,307,483     4,430,210 
FINANCE, INSURANCE AND REAL ESTATE.........   4,213,932,853    2,827,916,525    38,553,147 
  FINANCE 60-62............................   2,585,596,644    1,691,955,713    24,421,799 
  INSURANCE 63-64..........................     837,693,554      435,251,434     4,064,262 
  REAL ESTATE 65-66........................     665,876,924      616,167,172     9,265,775 
  OTHER FINANCE 67.........................     124,765,731       84,542,206       801,311 
SERVICES AND OTHER BUSINESS................  13,963,676,160   11,418,349,449   137,056,231 
  HOTELS, MOTELS, ETC. 70..................     375,308,871      366,571,184     2,061,216 
  PERSONAL SERVICES 72.....................     316,573,112      304,393,044     3,020,806 
    LAUNDRIES, CLEANERS 721................     133,209,250      128,080,235       800,314 
    PHOTOGRAPHIC STUDIOS 722...............      26,711,683       25,792,309       167,014 
    BARBER AND BEAUTY SHOPS 723, 724.......      85,518,888       85,202,978     1,291,323 
    FUNERAL SERVICES 726...................      28,219,006       27,623,661       344,682 
    OTHER PERSONAL SERVICES................      42,914,285       37,693,861       417,473 
  BUSINESS SERVICES 73.....................   5,124,130,578    3,985,441,236    36,990,362 
    ADVERTISING 731........................     164,583,586      126,097,085     1,560,966 
    CREDIT AND COLLECTION AGENCIES 732.....      35,030,889       33,616,843       500,402 
    SERVICES TO DWELLINGS AND BLDGS. 734...     119,728,231      112,007,005     1,438,775 
    COMPUTER SERVICES 737 .................   2,123,437,711    1,717,913,024    15,612,708 
    OTHER BUSINESS SERVICES................   2,681,350,161    1,995,807,279    17,877,511 
  AUTOMOTIVE REPAIR, SERVICES 75...........     835,350,280      796,285,802     3,955,421 
    RENTAL AND LEASING 751.................     293,717,493      286,403,702     1,418,538 
    REPAIR SHOPS 753.......................     446,986,388      418,919,899     2,024,497 
    OTHER AUTOMOTIVE SERVICES..............      94,646,399       90,962,201       512,386 
  MISCELLANEOUS REPAIR SERVICES 76.........     280,365,295      258,477,187     1,372,954 
  MOTION PICTURE THEATERS & PRODUCTION 78..     144,130,199      124,946,227     1,237,130 
  AMUSEMENT AND RECREATION SERVICES 79.....     398,038,025      326,876,664     3,288,372 
  MEDICAL AND HEALTH SERVICES 80...........   3,240,880,869    2,720,697,190    44,437,223 
    DRS/OTHER PRACTITIONERS 801, 803, 804..   1,420,231,491    1,164,940,403    19,353,258 
    DENTISTS 802...........................     426,191,772      424,502,772     7,420,968 
    HOSPITALS 806..........................     963,498,590      771,498,982    11,678,262 
    LABORATORIES 807.......................     122,879,165      102,276,023     1,730,216 
    OTHER HEALTH SERVICES..................     308,079,851      257,479,010     4,254,519 
  LEGAL SERVICES 81........................     534,432,870      516,662,068    10,268,573 
  OTHER SERVICES 82-89.....................   2,637,358,776    1,972,503,468    29,848,330 
    ENGINEERS AND ARCHITECTS 871...........     696,491,612      578,201,296    10,042,711 
    ACCOUNTANTS AND BOOKKEEPERS 872........     332,142,397      291,881,248     5,318,616 
  GOVERNMENT 91-97.........................      33,899,971       32,016,718       449,681 
  OTHER BUSINESS 00,98-99..................      43,207,314       13,478,661       126,163 
TOTAL ALL INDUSTRIES ......................  87,398,118,548   73,180,346,251   481,181,968
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