Quarterly Business Review 4th Quarter, 1998

                                     TABLE 1: TOTAL GROSS BUSINESS INCOME                (PAGE 1 OF 3)             
                                  STATEWIDE BY INDUSTRY (SIC)                              
                                  4TH QUARTER, 1997 AND 1998                               
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                                           CURRENT     4TH QUARTER,   4TH QUARTER, PERCENT 
INDUSTRY AND SIC NUMBER                     UNITS          1997           1998     CHANGE  
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AGRICULTURE, FORESTRY AND FISHING..........   7,794    $677,113,860    $722,126,346    6.6% 
  AGRICULTURAL SERVICES 07.................   6,444     357,811,519     399,593,090   11.7 
  FORESTRY 08..............................     421      63,750,881      65,042,887    2.0 
  FISHING, HUNTING & TRAPPING 09...........     281     146,988,167     140,792,189   -4.2 
  OTHER AGRICULTURE........................     648     108,563,293     116,698,180    7.5 
MINING AND QUARRYING.......................     119      98,199,460     105,029,743    7.0 
  METAL MINING 10..........................      14       9,695,578       8,729,449  -10.0 
  SAND AND GRAVEL 144......................      35      20,379,473      37,671,709   84.9 
  OTHER MINING AND QUARRYING...............      70      68,124,409      58,628,585  -13.9 
CONTRACT CONSTRUCTION......................  32,438   5,953,749,897   6,296,046,243    5.7 
  GENERAL BUILDING CONTRACTORS 15..........  11,010   2,468,477,792   2,644,377,075    7.1 
  HEAVY CONSTRUCTION (INCL. HIGHWAYS) 16...   1,283     802,284,982     812,067,423    1.2 
  SPECIAL TRADE CONTRACTORS 17.............  20,145   2,682,987,123   2,839,601,745    5.8 
    PLUMBING AND HEATING 171...............   2,305     486,124,805     514,618,894    5.9 
    ELECTRICAL 173.........................   1,945     509,738,178     514,783,323    1.0 
    MASONRY 174............................   1,910     277,010,430     311,939,009   12.6 
    OTHER TRADE CONTRACTORS................  13,985   1,410,113,710   1,498,260,519    6.3 
MANUFACTURING..............................  10,265  21,028,947,774  24,920,106,432   18.5 
  FOOD PRODUCTS 20.........................     372   2,267,589,219   2,268,767,279    0.1 
    MEAT PRODUCTS 201......................      37     392,875,761     384,528,675   -2.1 
    DAIRY PRODUCTS 202.....................      19     253,732,142     294,685,573   16.1 
    CANNING AND PRESERVING 203.............      56     459,106,067     458,501,657   -0.1 
    GRAIN MILL PRODUCTS 204................      34     230,990,170     203,320,190  -12.0 
    BAKERY PRODUCTS 205....................      24      53,060,529      48,091,200   -9.4 
    CONFECTIONERY PRODUCTS 206.............      17      44,349,271      38,847,353  -12.4 
    BEVERAGES 208..........................      85     287,574,848     298,676,147    3.9 
    MISCELLANEOUS FOOD PRODUCTS............     100     545,900,431     542,116,484   -0.7 
  APPAREL AND TEXTILES 22, 23..............     306     192,136,093     171,955,527  -10.5 
    MEN'S, YOUTHS', AND BOYS' 231, 232.....      21      55,978,138      52,536,910   -6.1 
    WOMEN'S, MISSES', & JUNIORS' 233, 234..      13      18,352,821       4,743,955  -74.2 
    OTHER APPAREL AND TEXTILES.............     272     117,805,134     114,674,662   -2.7 
  LUMBER AND WOOD PRODUCTS 24..............   2,696   2,177,849,043   1,919,260,612  -11.9 
    LOGGING CAMPS AND CONTRACTORS 241......   1,491     495,785,997     489,825,934   -1.2 
    SAWMILLS AND PLANING MILLS 242.........     272     882,737,690     695,290,039  -21.2 
    OTHER WOOD PRODUCTS....................     933     799,325,356     734,144,639   -8.2 
  FURNITURE AND FIXTURES 25................     366      90,731,342     109,128,104   20.3 
    HOUSEHOLD FURNITURE 251................     278      35,914,932      39,262,950    9.3 
    OTHER FURNITURE AND FIXTURES...........      88      54,816,410      69,865,154   27.5 
  PAPER AND ALLIED PRODUCTS 26.............      83     831,083,370     849,128,780    2.2 
    PULP/PAPER MILLS 261, 262, 263.........      28     622,800,802     628,202,888    0.9 
    PAPERBOARD CONTAINERS 265..............      22      96,678,159     120,560,265   24.7 
    CONVERTED PAPER PRODUCTS 267...........      33     111,604,409     100,365,627  -10.1 
  PRINTING, PUBLISHING, ETC. 27............   1,880     755,545,914     816,074,162    8.0 
    NEWSPAPERS 271.........................     177     262,424,500     305,569,932   16.4 
    PERIODICALS AND BOOKS 272-274..........     884     198,894,424     197,637,761   -0.6 
    COMMERCIAL PRINTING 275................     688     267,360,814     285,415,587    6.8 
    OTHER PRINTING.........................     131      26,866,176      27,450,882    2.2 
  CHEMICALS AND ALLIED PRODUCTS 28.........     173     360,077,263     363,110,482    0.8 
    CHEMICALS AND PLASTICS 281, 282........      50     168,294,286     152,310,808   -9.5 
    DRUGS 283..............................      24      15,777,726      23,105,457   46.4 
    OTHER CHEMICAL PRODUCTS 284-289........      99     176,005,251     187,694,217    6.6 
  PETROLEUM REFINING 29....................      19     381,047,706     317,351,224  -16.7 
  RUBBER AND PLASTICS PRODUCTS 30..........     171     168,578,031     168,815,433    0.1 
  LEATHER AND LEATHER PRODUCTS 31..........      28      15,720,068      20,247,879   28.8 
  STONE/CLAY/GLASS/CONCRETE PRODUCTS 32....     250     287,940,345     312,571,990    8.6 
  PRIMARY METAL INDUSTRIES 33..............     121   1,053,372,168     911,139,794  -13.5 
    IRON & STEEL FOUNDRIES, MILLS 331, 332.      58     138,079,764     132,162,408   -4.3 
    PRIMARY SMELTING/NONFERR0US METALS 333.       6     562,017,305     436,320,818  -22.4 
    FOUNDRIES, NONFERROUS METALS 334-339...      57     353,275,099     342,656,568   -3.0 
  FABRICATED METAL PRODUCTS 34.............     578     517,307,078     545,512,916    5.5 
    CANS 341...............................       3      64,443,462      70,418,912    9.3 
    STRUCTURAL PRODUCTS 344................     257     204,286,502     223,765,116    9.5 
    OTHER FABRICATED METAL PRODUCTS........     318     248,577,114     251,328,888    1.1 
 
                                                                                          
                         TABLE 1: TOTAL GROSS BUSINESS INCOME                (PAGE 2 OF 3) 
                                  STATEWIDE BY INDUSTRY (SIC)                              
                                  4TH QUARTER, 1997 AND 1998                               
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                                           CURRENT     4TH QUARTER    4TH QUARTER  PERCENT 
INDUSTRY AND SIC NUMBER                     UNITS          1997           1998     CHANGE  
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  MACHINERY, EXCEPT ELECTRIC 35............   1,110     872,398,724     985,050,256   12.9 
    FARM MACHINERY AND EQUIPMENT 352.......      25       8,927,314       7,614,616  -14.7 
    CONSTRUCTION & HANDLING EQUIPMENT 353..      57     110,546,330     141,395,401   27.9 
    SPECIAL INDUSTRIAL MACHINERY 355.......      85     152,536,168     162,879,195    6.8 
    OTHER MACHINERY........................     943     600,388,912     673,161,044   12.1 
  ELECTRICAL MACHINERY AND SUPPLIES 36.....     247     792,598,467     675,904,708  -14.7 
  TRANSPORTATION EQUIPMENT 37..............     703   9,568,253,185  13,824,012,881   44.5 
    MOTOR VEHICLES AND EQUIPMENT 371.......      81      63,648,371      44,226,923  -30.5 
    AIRCRAFT AND PARTS 372.................     105   8,992,433,615  13,180,165,201   46.6 
    SHIP AND BOAT BUILDINGS 373............     456     173,737,726     171,234,329   -1.4 
    OTHER TRANSPORTATION EQUIPMENT 374-379.      61     338,433,473     428,386,428   26.6 
  PROFESSIONAL & SCIENTIFIC INSTRUMENTS 38.     218     509,874,360     425,252,498  -16.6 
  MISCELLANEOUS MANUFACTURING 39...........     944     186,845,398     236,821,907   26.7 
TRANSPORTATION AND ALLIED SERVICES.........   5,807   2,277,031,575   2,369,104,201    4.0 
  RAILROADS 40.............................      14     152,500,045     150,828,646   -1.1 
  LOCAL AND SUBURBAN TRANSIT 41............     527     103,536,371     155,718,158   50.4 
  MOTOR FREIGHT AND WAREHOUSING 42.........   3,470   1,199,101,684   1,260,458,443    5.1 
  WATER TRANSPORTATION 44..................     432     359,781,310     346,975,387   -3.6 
  AIR TRANSPORTATION SERVICES 45...........     264      75,073,510      92,406,761   23.1 
  TRANSPORTATION SERVICES 46, 47...........   1,100     387,038,655     362,716,806   -6.3 
COMMUNICATION AND UTILITIES................   1,733   3,704,507,105   3,948,955,739    6.6 
  COMMUNICATION 48.........................     903   1,635,914,249   1,694,034,034    3.6 
  ELECTRIC COMPANIES 491...................      71   1,082,142,254   1,297,526,417   19.9 
  GAS COMPANIES 492........................      11      65,908,923      54,951,046  -16.6 
  WATER COMPANIES 494......................     432     220,434,614     240,867,460    9.3 
  OTHER UTILITIES..........................     316     700,107,065     661,576,782   -5.5 
WHOLESALE TRADE............................  17,696  24,329,250,587  23,651,870,598   -2.8 
  DURABLE GOODS 50.........................  10,921  12,809,436,202  13,297,911,171    3.8 
    MOTOR VEHICLES AND AUTO EQUIPMENT 501..     892   1,945,438,285   2,126,520,719    9.3 
    FURNITURE AND HOME FURNISHINGS 502.....     502     423,281,175     442,981,481    4.7 
    LUMBER AND CONSTRUCTION MATERIALS 503..     955   1,336,569,136   1,296,014,495   -3.0 
    PROF/COMM. EQUIP & SUPPLIES 504........   2,263   2,198,374,122   2,355,143,323    7.1 
    ELECTRICAL GOODS 506...................   1,313   1,844,509,269   2,056,766,973   11.5 
    HARDWARE/PLUMBING/HEATING SUPPLIES 507.     644     537,357,774     577,721,686    7.5 
    MACHINERY AND EQUIPMENT 508............   2,595   2,219,580,780   2,079,609,914   -6.3 
    OTHER WHOLESALERS 505, 509.............   1,757   2,304,325,661   2,363,152,580    2.6 
  NONDURABLE GOODS 51......................   6,775  11,519,814,385  10,353,959,427  -10.1 
    PAPER AND PAPER PRODUCTS 511...........     458     623,516,258     457,563,004  -26.6 
    DRUGS AND SUNDRIES 512.................     274     835,927,220   1,032,175,931   23.5 
    APPAREL, PIECE GOODS AND NOTIONS 513...     434     455,636,451     507,343,209   11.3 
    GROCERIES AND RELATED PRODUCTS 514.....   1,802   3,735,865,827   3,660,294,946   -2.0 
    FARM-PRODUCT RAW MATERIALS 515.........     148     768,221,619     211,855,197  -72.4 
    CHEMICALS AND ALLIED PRODUCTS 516......     430     632,507,379     659,586,751    4.3 
    PETROLEUM AND PETROLEUM PRODUCTS 517...     264   2,390,267,089   1,846,696,990  -22.7 
    MISCELLANEOUS NONDURABLE GOODS.........   2,965   2,077,872,542   1,978,443,399   -4.8 
RETAIL TRADE...............................  57,537  19,050,822,454  20,252,957,205    6.3 
  BLDG. MATERIALS, HARDWARE 52.............   2,792   1,207,037,005   1,239,904,373    2.7 
    LUMBER AND BLDG. MATERIALS 521.........     865     608,201,161     617,916,667    1.6 
    PAINT, GLASS, WALLPAPER 523............     214      78,309,605      84,533,698    7.9 
    HARDWARE STORES 525....................     554     302,986,598     320,642,746    5.8 
    NURSERIES, GARDEN SUPPLIES 526.........   1,024     105,285,724     100,980,359   -4.1 
    MOBILE HOME DEALERS 527................     135     112,253,917     115,830,903    3.2 
    OTHER 522, 524.........................      -          -               -          0.0 
  GENERAL MERCHANDISE STORES 53............     374   2,093,138,463   2,180,006,668    4.2 
    DEPARTMENT STORES 531..................      33   1,183,903,245   1,182,676,608   -0.1 
    VARIETY STORES 533.....................     111     591,398,887     624,918,009    5.7 
    OTHER GENERAL MERCHANDISE..............     230     317,836,331     372,412,051   17.2 
  FOOD STORES 54...........................   4,163   3,635,021,904   3,642,827,655    0.2 
    GROCERY STORES 541.....................   2,494   3,369,422,175   3,322,006,405   -1.4 
    FRUIT/VEGETABLE/MEAT MARKETS 542, 543..     510      94,215,217      95,733,664    1.6 
    CANDY, NUT AND CONFECTIONERY 544.......     134      22,825,718      22,048,032   -3.4 
    DAIRY PRODUCTS 545.....................      50      12,671,241      13,210,452    4.3 
    BAKERIES 546...........................     361      43,132,767      96,520,769  123.8 
                                                                                           
(PAGE 3 OF 3)            TABLE 1: TOTAL GROSS BUSINESS INCOME                              
                                  STATEWIDE BY INDUSTRY (SIC)                              
                                  4TH QUARTER, 1997 AND 1998                               
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                                           CURRENT     4TH QUARTER    4TH QUARTER  PERCENT 
INDUSTRY AND SIC NUMBER                     UNITS          1997           1998     CHANGE  
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    OTHER FOOD STORES 549..................     614      92,754,786      93,308,333    0.6 
  AUTOMOTIVE DEALERS & GAS STATIONS 55.....   4,307   4,021,941,776   4,374,949,753    8.8 
    AUTO DEALERS (NEW & USED) 551, 552.....   1,516   2,527,459,950   2,750,066,441    8.8 
    ACCESSORY DEALERS 553..................     995     405,064,027     561,016,121   38.5 
    SERVICE STATIONS 554...................   1,051     809,909,808     749,684,594   -7.4 
    MARINE, AIRCRAFT, ETC..................     745     279,507,991     314,182,597   12.4 
  APPAREL AND ACCESSORIES 56...............   2,171   1,320,097,039   1,277,308,823   -3.2 
    CLOTHING 561-565.......................   1,226   1,147,934,160   1,113,303,516   -3.0 
    SHOES 566..............................     160      66,261,309      64,910,727   -2.0 
    OTHER ACCESSORIES 569..................     785     105,901,570      99,094,580   -6.4 
  FURNITURE, FURNISHINGS & EQUIPMENT 57....   5,266   2,003,739,614   2,281,185,634   13.8 
    FURNITURE 571..........................   2,208     498,620,896     554,362,119   11.2 
    APPLIANCES 572.........................     330     171,194,436     175,646,406    2.6 
    ELECTRONICS/MUSIC STORES 573 ..........   2,728   1,333,924,282   1,551,177,109   16.3 
  EATING AND DRINKING PLACES 58............  10,061   1,434,724,626   1,494,145,340    4.1 
  MISCELLANEOUS RETAIL 59..................  28,403   3,335,122,027   3,762,628,959   12.8 
    DRUG STORES 591........................     407     585,967,589     605,646,195    3.4 
    MISCELLANEOUS SHOPPING GOODS 594.......   5,253   1,051,467,350   1,026,355,498   -2.4 
    NONSTORE RETAILERS 596.................   5,433     493,110,712     510,153,639    3.5 
    FUEL DEALERS 598.......................     197     141,970,291     125,039,934  -11.9 
    OTHER RETAIL STORES....................  17,113   1,062,606,085   1,495,433,693   40.7 
FINANCE, INSURANCE AND REAL ESTATE.........   9,982   4,378,819,182   4,888,871,633   11.6 
  FINANCE 60-62............................   2,008   2,677,431,227   2,901,691,252    8.4 
  INSURANCE 63-64..........................   3,460     924,697,187   1,029,992,587   11.4 
  REAL ESTATE 65...........................   4,316     626,168,225     733,733,189   17.2 
  OTHER FINANCE 67.........................     198     150,522,543     223,454,605   48.5 
SERVICES AND OTHER BUSINESS................  87,141  15,243,935,402  15,188,340,691   -0.4 
  HOTELS, MOTELS, ETC. 70..................   1,940     314,417,953     306,079,623   -2.7 
  PERSONAL SERVICES 72.....................   9,925     411,689,906     414,475,310    0.7 
    LAUNDRIES, CLEANERS 721................   2,422     144,741,531     144,262,126   -0.3 
    PHOTOGRAPHIC STUDIOS 722...............   1,093      50,890,371      46,362,594   -8.9 
    BARBER AND BEAUTY SHOPS 723, 724.......   5,057     143,400,956     149,195,461    4.0 
    FUNERAL SERVICES 726...................     135      28,577,547      27,743,554   -2.9 
    OTHER PERSONAL SERVICES................   1,218      44,079,501      46,911,575    6.4 
  BUSINESS SERVICES 73.....................  23,778   5,992,945,792   5,270,360,713  -12.1 
    ADVERTISING 731........................     751     182,488,056     184,698,374    1.2 
    CREDIT AND COLLECTION AGENCIES 732.....     159      32,774,249      37,856,158   15.5 
    SERVICES TO DWELLINGS AND BLDGS. 734...   2,901     151,746,749     160,189,208    5.6 
    COMPUTER SERVICES 737 .................   4,823   2,602,840,453   1,594,879,429  -38.7 
    OTHER BUSINESS SERVICES................  15,144   3,023,096,285   3,292,737,544    8.9 
  AUTOMOTIVE REPAIR, SERVICES 75...........   6,393     912,489,314     951,413,270    4.3 
    RENTAL AND LEASING 751.................     467     385,145,643     399,507,579    3.7 
    REPAIR SHOPS 753.......................   4,915     434,039,243     452,486,116    4.3 
    OTHER AUTOMOTIVE SERVICES..............   1,011      93,304,428      99,419,575    6.6 
  MISCELLANEOUS REPAIR SERVICES 76.........   6,002     324,405,404     327,807,557    1.0 
  MOTION PICTURE THEATERS & PRODUCTION 78..     921     172,652,201     211,333,836   22.4 
  AMUSEMENT AND RECREATION SERVICES 79.....   3,153     434,053,484     450,337,155    3.8 
  MEDICAL AND HEALTH SERVICES 80...........  12,422   3,133,226,927   3,320,451,654    6.0 
    DRS/OTHER PRACTITIONERS 801, 803, 804..   8,467   1,364,811,959   1,461,697,002    7.1 
    DENTISTS 802...........................   2,813     391,021,876     414,548,610    6.0 
    HOSPITALS 806..........................     130     899,590,941     980,858,663    9.0 
    LABORATORIES 807.......................     530     137,657,423     144,316,126    4.8 
    OTHER HEALTH SERVICES..................     482     340,144,728     319,031,253   -6.2 
  LEGAL SERVICES 81........................   4,106     558,442,032     592,487,241    6.1 
  OTHER SERVICES 82-89.....................  17,776   2,930,210,576   3,282,789,126   12.0 
    ENGINEERS AND ARCHITECTS 871...........   2,851     767,197,697     835,453,487    8.9 
    ACCOUNTANTS AND BOOKKEEPERS 872........   3,074     279,100,110     319,582,845   14.5 
    OTHER SERVICES.........................  11,851   1,883,912,769   2,127,752,794   12.9 
  GOVERNMENT 91-97.........................     292      37,103,344      45,265,157   22.0 
  OTHER BUSINESS 00,99.....................     433      22,298,469      15,540,049  -30.3 
                                                                                           
TOTAL ALL INDUSTRIES ...................... 230,512  96,742,062,892 102,343,408,831    5.8% 
                                                                              
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