This commitee of the National Research Council was established to develop improved indicators of mathematics and science education. In its first report, the committee used a model of education consisting of inputs, processes, and outcomes. Indicators recommended in these areas include teacher quantity and quality, quality of the curriculum content, instructional time and course enrollment in science and mathematics, and student achievement. Data and information currently available on these indicators are summarized and their adequacy assessed. Conclusions on how to improve the database are provided. The committee's current work is also summarized. Areas currently under consideration for development of indicators include resource investments in mathematics and science education, assessing teaching effectiveness, further consideraton of curriculum quality indicators, improving the assessment of learning, assessing attitudes and motivation, and indicators of science literacy in the general population. (Author)