Quarterly Business Review

1st Quarter, 1999


                              TABLE 6:  STATE RETAIL SALES TAX*:                          
                                        GROSS INCOME, TAXABLE INCOME & TAX DUE            
                                        STATEWIDE AMOUNTS BY INDUSTRY (SIC)               
                                        1ST QUARTER, 1999                                 
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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  $13,317,138,234  $8,832,470,823   $574,111,231
  BUILDING MATERIALS/HARDWARE.......    52      664,426,935     631,357,104     41,038,279
    LUMBER/BLDING MATERIALS 521-522.            299,856,916     290,083,728     18,855,450
    PAINT, GLASS, WALLPAPER 523.....             31,839,898      31,008,509      2,015,556
    HARDWARE STORES 525.............            234,069,968     221,341,654     14,387,242
    NURSERIES/GARDEN SUPPLIES 526...             41,412,590      36,970,747      2,403,121
    MOBILE HOME DEALERS 527.........             57,247,563      51,952,466      3,376,910
    OTHER...........................                      0               0              0
  GENERAL MERCHANDISE...............    53    1,446,011,604   1,144,737,779     74,407,960
    DEPARTMENT STORES 531...........            730,575,241     665,316,918     43,245,605
    VARIETY STORES 533..............            438,984,096     257,213,785     16,718,891
    OTHER GENERAL MERCHANDISE.......            276,452,267     222,207,076     14,443,464
  FOOD..............................    54    2,754,655,130     953,572,175     61,982,244
    GROCERY STORES 541..............          2,667,260,334     912,880,571     59,337,269
    FRUIT/VEGETABLE/MEAT 542-543....             16,168,306       3,841,763        249,728
    CANDY/NUT/CONFECTIONERY 544.....              7,449,971       1,101,713         71,611
    DAIRY PRODUCTS 545..............              5,777,964       1,977,597        128,548
    BAKERIES 546....................             20,267,032       7,487,734        486,707
    OTHER FOOD STORES...............             37,731,523      26,282,797      1,708,381
  AUTO DEALERS/GAS STATIONS.........    55    3,129,682,448   2,195,751,559    142,723,962
    AUTO DEALERS (NEW/USED) 551-552.          2,148,968,659   1,693,033,702    110,047,266
    ACCESSORY DEALERS 553...........            222,067,324     203,011,112     13,195,741
    SERVICE STATIONS 554............            510,518,601     114,867,469      7,466,388
    MARINE/AIRCRAFT, ETC............            248,127,864     184,839,276     12,014,567
  APPAREL/ACCESSORIES...............    56      686,086,807     359,476,599     23,365,993
    CLOTHING 561-565................            603,611,179     281,821,928     18,318,428
    SHOES 566.......................             44,909,806      43,363,189      2,818,604
    OTHER ACCESSORIES...............             37,565,822      34,291,482      2,228,961
  FURNITURE/FURNISHINGS/EQUIP.......    57    1,227,888,392     948,515,187     61,653,519
    FURNITURE 571...................            344,367,015     320,027,047     20,801,765
    APPLIANCES 572..................            123,992,810     119,675,758      7,778,928
    ELECTRONICS/MUSIC STORES 573....            759,528,567     508,812,382     33,072,826
    OTHER...........................                      0               0              0
  EATING/DRINKING PLACES............    58    1,311,214,218   1,268,018,939     82,421,402
  MISCELLANEOUS RETAIL STORES.......    59    2,097,172,700   1,331,041,481     86,517,872
    DRUG STORES 591.................            543,812,219     173,197,634     11,257,845
    MISCELLANEOUS SHOPPING GOODS 594            556,951,803     488,981,510     31,783,850
    NONSTORE RETAILERS 596..........            265,575,171     159,662,268     10,378,097
    FUEL DEALERS 598................             88,874,800      59,903,997      3,893,765
    OTHER RETAIL STORES.............            641,958,707     449,296,072     29,204,315
SERVICES                             70-89    2,997,132,321   2,232,331,723    145,101,793
  HOTELS/MOTELS, ETC 70.............            263,697,969     253,515,794     16,478,513
  PERSONAL SERVICES 72..............            139,521,897     126,323,319      8,211,016
  BUSINESS SERVICES 73..............          1,143,029,273     750,849,505     48,805,321
    COMPUTER SERVICES 737...........            294,393,594     167,575,503     10,892,422
  AUTOMOTIVE REPAIR/SERVICES 75.....            592,486,566     554,533,343     36,044,717
  OTHER SERVICES....................            858,396,616     547,109,762     35,562,226
CONTRACTING......................... 15-17    3,129,225,490   2,584,949,789    168,022,156
MANUFACTURING....................... 19-39    1,468,232,784     426,015,928     27,691,104
TRANSPORTATION/COMM./UTILITIES...... 40-49    1,211,671,371     873,418,714     56,772,253
WHOLESALING......................... 50-51    3,342,304,033   2,098,900,866    136,428,666
FINANCE/INSURANCE/REAL ESTATE....... 60-67      335,291,357     266,923,864     17,350,078
OTHER BUSINESS 0-14 & 90'S..........            155,345,864     130,421,400      8,477,432
                                                                                          
TOTAL ALL INDUSTRIES................        $25,956,341,454 $17,445,433,107 $1,133,954,713
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*STATE TAX ONLY; EXCLUDES ACCRUED LOCAL SALES TAX REVENUES.