SOUTHLAND STATS: BUSINESS STARTS AND FAILURES IN L.A.

First six months of the year

Business starts Business failures Industry 1987 1986 Change 1987 1986 Change Construction 30 33 -9.1% 8 5 60.0% Manufacturing 140 179 -21.8% 43 26 65.4% Transportation and public utilities 54 45 20.0% 15 8 87.5% Wholesale trade 195 297 -34.3% 38 31 22.6% Retail trade 323 279 15.8% 43 26 65.4% Finance, insurance and real estate 84 98 -14.3% 13 8 62.5% Services 330 368 -10.3% 152 71 114.1% Other 131 42 311.9% 3 1 300.0% Total 1,287 1,341 -4.0% 315 176 79.0%

Source: Dun & Bradstreet Corp.