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The appendix presents tables and figures of current economic and demographic statistics for the nation, the states, Texas, and Texas metropolitan statistical areas and counties.

Figure 1a
Appendix: Table A1
Texas Economic Indicators for May 1999
                                                                                            Prior to Percent Change
                                                                        Latest     Previous   Latest  Since Previous
Indicator                                                               Month       Month     Month     Month      Year
CURRENT TEXAS INDICATORS

Nonfarm Employment (thousands)                                           9,158.9**   9,137.7   8,908.9       0.2       2.8
 Goods                                                                   1,777.0**   1,777.3   1,764.4       0.0       0.7
  Mining                                                                   154.0**     154.8     168.5      (0.5)     (8.6)
  Construction                                                             523.5**     523.1     491.7       0.1       6.5
  Manufacturing                                                          1,098.6**   1,099.4   1,107.9      (0.1)     (0.8)
 Services                                                                7,358.8**   7,341.3   7,113.8       0.2       3.4

Unemployment Rate (percent, 3-month moving average)                          4.7**       4.6       4.7       0.1       0.0
Rig Count                                                                    183**       180       325       1.7     (43.7)
Consumer Price Index (Houston-Dallas/Ft. Worth CMSA average)               152.6*      151.9     149.7       0.5       1.9
Industrial Production Index (1987=100)                                     141.7*      141.2     140.5       0.4       0.9
Sales Tax Receipts (million$, fiscal year-to-date)                      10,693.0**   9,692.0  10,159.3       NA        5.3
Motor Vehicle Sales Tax Receipts (million$, fiscal year-to-date)         1,820.7**   1,603.8   1,666.3       NA        9.3

LEADING TEXAS AND U.S. INDICATORS

Texas Composite Leading Economic Indicator Index (Jan 1981=100)            134.4*      133.9     132.6       0.4       1.4                               
Texas Initial Claims for Unemployment Compensation                        70,570*     72,714    57,826      (2.9)     22.0                               
Texas Average Manufacturing Hours per Week                                  43.8*       43.6      43.1       0.5       1.6                                
Texas Help Wanted Index (1989=100)                                         141.9*      139.9     154.8       1.4      (8.3)                               
Texas Retail Sales (million$)                                             16,639*     16,611    15,483       0.2       7.5                               
Texas Taxable Oil Price ($/barrel)                                         15.55*      12.92     13.23      20.4      17.5                               
Texas Stock Index (December 1997=100)                                      128.5*      125.8     117.7       2.1       9.2                               
Texas Housing Permits (3-month moving average)                            12,600*     13,549    13,149      (7.0)     (4.2)                               
Texas New Business Incorporations (3-month moving average)                 4,289*      4,267     4,064       0.5       5.5                                
West South Central States Consumer Confidence Index (1985=100)             132.2*      127.5     132.8       3.7      (0.5)                              
U.S. Leading Economic Indicator Index (1987=100)                           107.1*      107.2     105.4      (0.1)      1.6                               

Notes:  Figures are seasonally adjusted, except for oil prices, sales tax receipts, the rig count, motor
vehicle sales and the consumer price index.  Texas industrial production is a Comptroller estimate based
on U.S. industrial production and relative Texas-to-U.S. employment in manufacturing and mining.
*April       **May       ***June

SOURCES:  Carole Keeton Rylander, Texas Comptroller of Public Accounts; Texas Workforce Commission;
U.S. Bureau of Labor Statistics; U.S. Bureau of Economic Analysis; U.S. Bureau of the Census;
Texas Secretary of State; Baker-Hughes, Inc.; and, The Conference Board.
Next: Table A2