Arlington • Virginia • USA Economic Indicators

February 2001

 

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

Employees
Establishments
Gross Wages (thousands)

 2nd Q 2000
2nd Q 2000
2nd Q 2000		 157,234
6,315
$1,989,164 		154,933
6,331
$2,038,107 		150,474
6,251
$1,797,556

4.5%
1.0%
10.7%

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 2000
Dec 2000
 ~
Dec 2000
Dec 2000

~
116,113
1,226,882
~
1.0%
1.1%

~
116,216
1,228,266
~
1.0%
1.1%

~
112,696
1,119,428
~
1.4%
1.4% 		~
3.0%
9.6%
~
0.4
0.3
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
Virginia Square
Crystal City
Northern Virginia

 4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000

260,355
-73,139
263,587
69,103
-9,233
-3,071
2,244,592

962,908
158,417
606,528
111,937
100,304
-4,777
9,301,129

907,199
690,361
169,980
150,028
14,609
181,727
8,577,083

55,709
-531,944
436,548
-38,091
85,695
-186,504
724,046
Non-Residential
Vacancy		 Reporting
Period		 Current Last Period Last Year
Same Period		 Annual
Change

Arlington
 Rosslyn
Clarendon/Courthouse
Ballston
Virginia Square
Crystal City
Northern Virginia

 4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000
4th Q 2000

1.3%
1.9%
0.7%
1.9%
2.1%
1.1%
3.2%

1.3%
2.3%
0.7%
1.6%
1.9%
0.9%
3.8%

4.5%
5.4%
10.3%
4.8%
16.5%
2.3%
6.0%

3.2%
3.5%
9.6%
2.9%
14.4%
1.2%
2.8%
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

 Jan 2001
Jan 2001
Jan 2001		 78
19
94 		78
19
94

75
21
57

4.0%
-9.5%
64.9%
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

 Jan 2001
Jan 2001
Jan 2001

$362,863
$401,468
$173,452

$355,262
$350,942
$157,518 		$330,262
$239,426
$131,106 		9.9%
67.7%
32.3%
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

 Dec 2000
Dec 2000
Dec 2000

$18,832,087
47.1%
$107.70

$303,744,536
73.8%
$118.95

$274,688,344
72.8%
$112.56

10.6%
0.4%
$6.39
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

 Nov 2000 108.5 108.7 104.9 3.4%
Source: US Bureau of Labor Statistics

 

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

Arlington

 3rd Q 2000 $576,141,863 $599,399,035 $576,141,863 0.0%
Source: Virginia Department of Taxation

 

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