The National Center for Education Statistics has tabulated common library data elements and then related them to relevant institutional variables to provide the first analysis of college and university library trends in over a decade, and to supplement annual biennial reports of academic library statistics. Seven surveys provided the information on library data elements such as collection holdings for print and nonprint materials, operating expenditures, staffing, circulation, and interlibrary loan. Institutional variables used for comparison are student enrollments, expenditures, and the Consumer Price Index. The majority of the tables indicate institutional control, type, and enrollment size, and provide means and quartiles as well as totals. Selected data items on library collections, expenditures, and full-time staff are also shown by states. Analyses of the seven college and university surveys reveal substantial increases in collections, financial resources, staffing, and services. However, when changes in student population and inflation are considered, library conditions remained constant with regard to the number of books and circulation per student, and library expenditures in relation to education and general expenditures. Libraries declined in number of staff and expenditures per student, the proportion expended for library materials, and the number of books purchased. Provided are appendices, nine text tables, and 36 survey tables. (RBF)