TAXABLE SALES INCREASE

Fourth-quarter 1988 taxable sales in Orange County reached the highest level in two years and were 10% higher than the comparable period for the year before. In fact, sales were higher in all four 1988 quarters than in 1987’s. San Juan Capistrano, Laguna Beach and Orange recorded the largest increases between fourth quarter 1987 and 1988; Los Alamitos and Huntington Beach had the only declines.

4th Quarter 4th Quarter 1987-’88 % of 1988 4th City 1987 1988 Difference Quarter Total Anaheim 717,789 761,702 +6 11 Brea 151,075 163,334 +8 2 Buena Park 216,128 233,719 +8 3 Costa Mesa 557,442 635,849 +14 9 Cypress 66,573 74,287 +12 1 Fountain Valley 86,115 101,331 +18 1 Fullerton 292,355 325,853 +11 5 Garden Grove 279,034 304,888 +9 4 Huntington Beach 414,848 386,912 -7 6 Irvine 417,122 480,204 +15 7 Laguna Beach 35,384 46,090 +30 1 La Habra 99,729 104,392 +5 1 Los Alamitos 51,462 42,125 -18 1 Newport Beach 273,198 287,106 +5 4 Orange 414,768 529,500 +28 8 Placentia 56,866 63,426 +12 1 San Clemente 45,591 54,824 +20 1 San Juan Capistrano 45,673 61,081 +34 1 Santa Ana 652,827 726,281 +11 10 Seal Beach 23,946 24,292 +1 * Stanton 51,515 59,937 +16 1 Tustin 142,166 146,287 +3 2 Westminster 200,936 215,088 +7 3 Yorba Linda 29,194 35,107 +20 1 Other areas 1,037,867 **1,120,566 +8 16 COUNTY TOTAL 6,359,603 6,984,181 +10 100

Note: All amounts listed in thousands of dollars

**Includes unincorporated areas and those cities for which information is not available--Dana Point, La Palma, Mission Viejo and Villa Park.

* Less than 1%

COUNTY TAXABLE SALES COMPARISON

Although fourth-quarter 1988 taxable sales in Orange County were 10% higher than in 1987’s comparable period, that increase was less than those recorded in three of the four contiguous counties. Nearly one-fifth, 19%, of such sales in the five-county area took place in Orange County; 10% of those in the entire state.

4th Quarter 4th Quarter 1987-’88 % 5-County County 1987 1988 Difference Total, 1988 Los Angeles $18,327,169 $19,524,867 +7 54 Orange 6,359,603 6,984,181 +10 19 Riverside 1,828,477 2,106,627 +15 6 San Bernardino 2,342,118 2,648,416 +13 7 San Diego 4,730,955 5,243,668 +11 14 5-County Total 33,588,322 36,507,759 +9 100 STATE TOTAL 62,420,802 67,955,596 +9 --

% State County Total, 1988 Los Angeles 29 Orange 10 Riverside 3 San Bernardino 4 San Diego 8 5-County Total 54 STATE TOTAL 100

Note: Amounts listed in thousands of dollars

Source: State Board of Equalization