This annual report presents statistical information in a chartbook format on education indicators derived from studies conducted by the Center for Education Statistics and from other surveys and studies conducted within and outside the Federal Government. The first half provides indicators of the outcomes, resources, and context of elementary and secondary education. Outcome indicators are presented for student performance in general and for transitional skills at high school completion. Resource indicators cover fiscal, material, and human resources, while context indicators include student characteristics, aspects of the learning environment, perceptions of school teachers and the general public, and competency requirements for high school graduation and for teacher certification. The second half provides a similar set of indicators for postsecondary education. Outcome indicators include student achievement, trends in higher education attainment, degrees conferred, activities following graduation, and economic outcomes. Resource indicators focus on fiscal resources: expenditures per student, revenues, and Federal financial aid programs. Context indicators focus entirely on student characteristics: enrollments by type and control of institution, selected personal characteristics, and enrollment patterns by age groups and by ethnicity. Appended are supplementary tables and technical notes, a description of standard errors and their uses, sources of data, and a glossary. A complete index is provided. (TE)