Arlington, Virginia - News & Data


Arlington • Virginia • *USA*			Economic Indicators

February 2000

AT PLACE EMPLOYMENT

At Place Employment *	Reporting Period	Current	Last Period	Last Year	Annual Change
Employees Establishments Gross Wages (thousands)	2nd Q 1999 2nd Q 1999 2nd Q 1999	150,474 6,251 $1,797,556	148,786 6,216 $1,768,139	156,007 6,308 $1,858,120	-3.5% -0.9% -3.3%

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	~ Dec 1999 Dec 1999 ~ Dec 1999 Dec 1999	~ 111,536 1,184,426 ~ 1.4% 1.4%	~ 111,848 1,188,697 ~ 1.4% 1.5%	~ 109,346 1,160,677 ~ 1.5% 1.5%	~ 2.0% 2.0% ~ -0.1 -0.1

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	4th Q 1999 4th Q 1999 4th Q 1999 4th Q 1999 4th Q 1999 4th Q 1999	114,237 212,825 -139,087 11,976 -38,089 2,742,000	817,415 586,245 -87,635 126,628 179,162 8,542,789	959,955 -9,493 113,397 550,256 356,361 2,708,998	142,540 595,738 201,032 423,629 177,199 5,833,791
Non-Residential Vacancy	Reporting Period	Current	Last Period	Last Year	Annual Change
*Arlington* Rosslyn Clarendon/Courthouse Ballston Crystal City *Northern Virginia*	4th Q 1999 4th Q 1999 4th Q 1999 4th Q 1999 4th Q 1999 4th Q 1999	3.1% 3.1% 6.4% 3.7% 1.6% 3.6%	3.8% 5.8% 6.5% 4.3% 1.3% 3.7%	4.8% 9.4% 2.2% 3.2% 3.6% 5.0%	-35.4% -67.0% 190.9% 15.6% -55.6% -28.0%

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	Dec 1999 Dec 1999 Dec 1999	94 27 79	1536 450 1462	1642 352 1231	-6.5% 27.8% 18.8%

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	Dec 1999 Dec 1999 Dec 1999	$299,084 $251,944 $155,104	$305,264 $243,737 $137,541	$254,327 $268,255 $140,417	17.6% -6.1% 10.5%

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	Dec 1999 Dec 1999 Dec 1999	$15,015,131 45.3% $108.05	$274,688,344 71.8% $113.79	$260,115,601 71.5% $107.95	5.6% 0.4 5.4

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	Jan 2000	105.3	105.0	102.8	2.4%

Source: US Bureau of Labor Statistics

TAXABLE RETAIL SALES

Taxable Retail Sales	Reporting Period	Current	Last Period	Last Year	Annual Change
Arlington	3rd Q 1999	$540,080,258	$568,080,066	$497,443,423	8.6%

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	Oct 1999 Oct 1999	26,189 1,382,701	0.1 0.2

Source: Metropolitan Washington Airports Authority