Arlington • Virginia • USA Economic Indicators

April 2000

 

AT PLACE EMPLOYMENT
At Place
Employment *		 Reporting
Period		 Current Last Period Last Year Annual
Change

Employees
Establishments
Gross Wages (thousands)

 3rd Q 1999
3rd Q 1999
3rd Q 1999		 152,074
6,248
$1,854,843 		150,474
6,251
$1,797,556 		156,304
6,286
$1,808,300

-2.7%
-0.6%
2.6%

Source: Virginia Employment Commission *Data excludes enlisted military personnel

 

LABOR FORCE
Labor Force* Reporting
Period		 Current Last Period Last Year Annual Change

Civilian Labor Force
Arlington County
Northern Virginia
Unemployment Rate
Arlington County
Northern Virginia

 ~
Feb 2000
Feb 2000
 ~
Feb 2000
Feb 2000		 ~
112,735
1,191,880
~
1.4%
1.6%

~
112,247
1,185,588
~
1.5%
1.5%

~
106,345
1,121,085
~
1.5%
1.6% 		~
6.0%
6.3%
~
.1
0 (nc)
Source: Virginia Employment Commission *readjusted monthly

 

NET OFFICE ABSORPTION AND VACANCY RATES
Net Office
Absorption		 Reporting
Period		 Current Year-to-Date Last
Year-to-Date		 Change

Arlington
Rosslyn
Clarendon/Courthouse
Ballston
Crystal City
Northern Virginia

 1st Q 2000
1st Q 2000
1st Q 2000
1st Q 2000
1st Q 2000
1st Q 2000		 100,624
74,783
137,276
-26,884
11,581
2,233,521

777,148
586,497
-92,042
148,310
179,162
9,687,591

935,009
-9,493
113,397
549,743
356,361
3,131,284

157,861
577,004
205,439
401,433
177,199
6,556,307
Non-Residential
Vacancy		 Reporting
Period		 Current Last Period Last Year Annual
Change

Arlington
 Rosslyn
Clarendon/Courthouse
Ballston
Crystal City
Northern Virginia

 1st Q 2000
1st Q 2000
1st Q 2000
1st Q 2000
1st Q 2000
1st Q 2000

2.9%
2.4%
2.0%
4.1%
1.3%
3.7%

3.4%
3.4%
5.7%
3.7%
1.7%
4.6%

5.3%
11.2%
2.4%
3.8%
3.8%
6.3%

2.4%
8.8%
0.4%
0.3%
2.5%
2.6%
Source: CoStar Group, Inc.

 

HOUSING SALES
Housing Sales Reporting
Period		 Current Year-to-Date Last
Year-to-Date		 Change

Single Family Detached
Single Family Attached
Condominium

 Mar 2000
Mar 2000
Mar 2000		 123
20
97 		303
50
211

312
64
197

-59.4%
-60.0%
-54.0%
Source: Arlington Real Estate Assessments *Readusted Monthly

 

HOUSING PRICES
Average Housing Prices* Reporting
Period		 Current Last Period Last Year Annual
Change

Single Family Detached
Single Family Attached
Condominium

 Mar 2000
Mar 2000
Mar 2000

$326,795
$342,191
$133,373

$299,085
$325,658
$125,998 		$259,166
$289,529
$130,373 		26.1%
18.2%
2.3%
Source: Real Estate Assessments *Readjusted monthly

 

TOURISM
Tourism Reporting
Period		 Current Year-to-Date Last
Year-to-Date		 Change

Lodging Sales Receipts
Hotel Occupancy
Average Daily Room Rate

 Mar 2000
Mar 2000
Mar 2000

$19,863,351
66.0%
$112.58

$35,568,138
58.1%
$110.88

$34,737,315
61.4%
$106.92

2.4%
-5.4
3.7
Source: Arlington County Commissioner of Revenue and Smith Travel Research

 

CONSUMER PRICE INDEX
Consumer Price Index
(CPI-U All Items)		 Reporting
Period		 Current Last Period Last Year Annual
Change

Washington - Baltimore
DC/MD/VA/WV

 Mar 2000 107.0 105.3 103.2 3.7%
Source: US Bureau of Labor Statistics

 

TAXABLE RETAIL SALES
Taxable Retail Sales Reporting
Period		 Current Last Period Last Year Annual
Change

Arlington

 4th Q 1999 $578,488,939 $540,080,258 $600,424,454 -3.7%
Source: Virginia Department of Taxation

 

AIR TRANSPORTATION
Monthly Air Traffic Summary
Ronald Reagan Washington
National Airport		 Reporting
Period		 Total % Change

Total Aircraft Operations
Total Passengers

 Feb 2000
Feb 2000

23,160
1,068,672

0.08
0.13

Source: Metropolitan Washington Airports Authority