The current status of education is presented in the form of education "indicators"--key data that measure the "health" of education or its trends. These indicators derive from studies carried out by the National Center for Education Statistics as well as from surveys conducted elsewhere, both within and outside of the Federal Government. This year, the indicators are published in three volumes: (1) Elementary Secondary; (2) Post Secondary; (3) Supporting Data, Supplemental Information, Data Sources. The information in this publication provides indicators of the outcomes, resources, and context of elementary and secondary education. Outcome indicators are presented for student performance in general and for high school completion, by race and ethnicity. Resource indicators cover fiscal and human resources. 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. Narratives and charts depict each indicator; 26 supporting tables are appended. (MLF)