Trends in graduate enrollment, graduate student financial support, graduate degree production, and the labor market for new Ph.D. economists are examined. Surveys conducted by the National Science Foundation were the principal source of information, supplemented by data from the National Center for Education Statistics and a few private survey sources. Graduate enrollments in economics have been stable from 1975 through 1979, but increased by more than 10% between 1979 and 1981. Regarding student financial support, there is a growing reliance on the institution's own and state-provided funds and an increased dependence on self-support, family support, and debt. From 1960 through the early 1970s, there was a rapid rise in the number of M.A. and Ph.D. degrees awarded. Degree production for both degrees peaked in 1973, with the number of M.A. degrees drifting steadily downward. The pattern of Ph.D. production has been stable since 1970. New Ph.D. economists are finding jobs, but there is a trend toward the pursuit of nonacademic positions. (RM)