Quarterly Business Review

4th Quarter, 1998

                              TABLE 6:  STATE RETAIL SALES TAX*:                           
                                        GROSS INCOME, TAXABLE INCOME & TAX DUE              
                                        STATEWIDE AMOUNTS BY INDUSTRY (SIC)                
                                        4TH QUARTER, 1998                                  
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                                                                              ACCRUED STATE 
                                           SALES SUBJECT TO RETAIL SALES TAX  RETAIL SALES 
           INDUSTRY                   SIC       GROSS            TAXABLE          TAX*     
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RETAIL TRADE                         52-59  $15,674,888,854 $10,420,200,918   $677,313,639 
  BUILDING MATERIALS/HARDWARE.......    52      784,332,016     740,186,013     48,112,117 
    LUMBER/BLDING MATERIALS 521-522.            335,429,093     322,099,323     20,936,456 
    PAINT, GLASS, WALLPAPER 523.....             36,422,630      35,416,237      2,302,050 
    HARDWARE STORES 525.............            274,469,045     255,022,531     16,576,471 
    NURSERIES/GARDEN SUPPLIES 526...             55,091,605      50,856,464      3,305,690 
    MOBILE HOME DEALERS 527.........             82,919,643      76,791,458      4,991,450 
    OTHER...........................                      0               0              0 
  GENERAL MERCHANDISE...............    53    2,071,485,385   1,712,401,833    111,306,129 
    DEPARTMENT STORES 531...........          1,171,316,672   1,076,255,848     69,956,632 
    VARIETY STORES 533..............            533,619,841     330,980,308     21,513,717 
    OTHER GENERAL MERCHANDISE.......            366,548,872     305,165,677     19,835,780 
  FOOD..............................    54    3,276,032,705   1,200,179,609     78,011,708 
    GROCERY STORES 541..............          3,157,901,108   1,152,339,398     74,902,088 
    FRUIT/VEGETABLE/MEAT 542-543....             29,763,461       7,796,071        506,747 
    CANDY/NUT/CONFECTIONERY 544.....             13,644,867       1,873,108        121,752 
    DAIRY PRODUCTS 545..............              9,666,013       2,436,259        158,356 
    BAKERIES 546....................             24,622,518       9,419,654        612,280 
    OTHER FOOD STORES...............             40,434,738      26,315,119      1,710,485 
  AUTO DEALERS/GAS STATIONS.........    55    3,056,813,732   2,112,074,968    137,284,955 
    AUTO DEALERS (NEW/USED) 551-552.          2,026,780,264   1,594,516,659    103,643,622 
    ACCESSORY DEALERS 553...........            276,640,367     253,647,517     16,487,115 
    SERVICE STATIONS 554............            551,785,173     122,293,580      7,949,083 
    MARINE/AIRCRAFT, ETC............            201,607,928     141,617,212      9,205,135 
  APPAREL/ACCESSORIES...............    56    1,175,107,836     545,012,696     35,425,881 
    CLOTHING 561-565................          1,066,272,579     442,196,924     28,742,841 
    SHOES 566.......................             55,609,340      53,231,127      3,460,021 
    OTHER ACCESSORIES...............             53,225,917      49,584,645      3,223,019 
  FURNITURE/FURNISHINGS/EQUIP.......    57    1,362,913,726   1,050,691,048     68,294,965 
    FURNITURE 571...................            392,656,400     368,240,205     23,935,635 
    APPLIANCES 572..................            150,438,562     145,467,322      9,455,374 
    ELECTRONICS/MUSIC STORES 573....            819,818,764     536,983,521     34,903,956 
    OTHER...........................                      0               0              0 
  EATING/DRINKING PLACES............    58    1,357,392,500   1,308,001,654     85,020,241 
  MISCELLANEOUS RETAIL STORES.......    59    2,590,810,954   1,751,653,097    113,857,643 
    DRUG STORES 591.................            592,491,021     225,361,746     14,648,511 
    MISCELLANEOUS SHOPPING GOODS 594            804,295,646     712,938,998     46,341,078 
    NONSTORE RETAILERS 596..........            351,072,789     204,158,880     13,270,349 
    FUEL DEALERS 598................             92,311,057      59,746,765      3,883,553 
    OTHER RETAIL STORES.............            750,640,441     549,446,708     35,714,152 
SERVICES                             70-89    3,276,414,104   2,438,486,984    158,502,117 
  HOTELS/MOTELS, ETC 70.............            295,349,055     284,755,486     18,509,109 
  PERSONAL SERVICES 72..............            167,184,665     154,366,218     10,033,851 
  BUSINESS SERVICES 73..............          1,225,713,898     834,576,790     54,247,583 
    COMPUTER SERVICES 737...........            310,216,910     184,701,325     12,005,632 
  AUTOMOTIVE REPAIR/SERVICES 75.....            614,162,886     570,465,167     37,080,337 
  OTHER SERVICES....................            974,003,600     594,323,323     38,631,237 
CONTRACTING......................... 15-17    3,806,821,215   3,150,550,079    204,786,152 
MANUFACTURING....................... 19-39    1,436,971,065     478,383,122     31,095,037 
TRANSPORTATION/COMM./UTILITIES...... 40-49    1,240,291,490     687,202,800     44,668,197 
WHOLESALING......................... 50-51    3,752,246,621   2,378,280,065    154,588,290 
FINANCE/INSURANCE/REAL ESTATE....... 60-67      381,785,379     306,702,748     19,935,714 
OTHER BUSINESS 0-14 & 90'S..........            211,449,006     183,737,324     11,942,989 
                                                                                           
TOTAL ALL INDUSTRIES................        $29,780,867,734 $20,043,544,040 $1,302,832,135 
                                                                                           
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*STATE TAX ONLY; EXCLUDES ACCRUED LOCAL SALES TAX REVENUES.