<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS FOR AMERICAN CITY BUSINESS JOURNALS, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000769339 <NAME> AMERICAN CITY BUSINESS JOURNALS, INC. <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1994 <PERIOD-END> DEC-31-1994 <CASH> 17,815,000 <SECURITIES> 0 <RECEIVABLES> 13,667,000 <ALLOWANCES> 462,000 <INVENTORY> 0 <CURRENT-ASSETS> 32,164,000 <PP&E> 12,487,000 <DEPRECIATION> 8,015,000 <TOTAL-ASSETS> 92,130,000 <CURRENT-LIABILITIES> 23,248,000 <BONDS> 35,788,000 <COMMON> 7,763,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 9,224,000 <TOTAL-LIABILITY-AND-EQUITY> 92,130,000 <SALES> 97,696,000 <TOTAL-REVENUES> 97,696,000 <CGS> 0 <TOTAL-COSTS> 46,830,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 593,000 <INTEREST-EXPENSE> 5,260,000 <INCOME-PRETAX> 9,131,000 <INCOME-TAX> 3,835,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,296,000 <EPS-PRIMARY> .74 <EPS-DILUTED> .71