Arlington, Virginia - News & Data


Arlington • Virginia • *USA*			Economic Indicators

January 2000

AT PLACE EMPLOYMENT

At Place Employment *	Reporting Period	Current	Last Period	Last Year	Annual Change
Employees Establishments Gross Wages (thousands)	1st Q 1999 1st Q 1999 1st Q 1999	148,786 6,216 $1,768,139	156,947 6,282 $2,057,640	153,883 6,322 $1,831,640	-3.3% -1.7% -3.5%

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	~ Nov 1999 Nov 1999 ~ Nov 1999 Nov 1999	~ 111,735 1,188,710 ~ 1.3% 1.5%	~ 111,385 1,183,096 ~ 1.6% 1.7%	~ 109,055 1,157,798 ~ 1.6% 1.6%	~ 2.5% 2.7% ~ -18.8% -6.3%

Source: Virginia Employment Commission *readjusted monthly

PROJECTS UNDER CONSTRUCTION

Projects Under Construction	Sub- Market	Office Sq. Ft.	Commercial Sq. Ft.	Residential Units	Hotel Rooms	Start Date
Thomas Street Mews Ballston Common Office Bromptons at Clarendon 2201 Wilson Blvd. Apts. 1515 Courthouse Road Highview Park Glebe/Kenmore Culpeper Gardens -To 340 Pentagon Town Center Pentagon City PDSP Monument Place Christiana House VA Square First R-C (Office) Pollard Gardens Virginia Square Plaza VA Square First R-C (Res.) Total	Ballston Ballston Clarendon Courthouse Courthouse Outside Metro Outside Metro Outside Metro Pentagon City Pentagon City Rosslyn Rosslyn VA Square VA Square VA Square VA Square	0 230,361 0 0 244,279 0 0 0 0 0 0 0 121,002 0 193,998 0 789,640	0 0 0 3,750 12,831 0 0 0 300,000 0 0 0 0 0 8,736 0 325,317	15 0 23 201 0 5 16 73 0 0 17 4 0 779 0 226 1,359	0 0 0 0 0 0 0 0 0 500 0 0 0 0 0 0 500	12/01/98 09/20/99 03/09/99 03/16/99 05/27/99 12/01/98 03/30/99 04/23/99 09/03/99 12/04/99 06/17/98 01/26/99 09/15/98 01/02/99 08/20/99 10/01/99

Source: Arlington Department of Community Planning, Housing & Development

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	Nov 1999 Nov 1999 Nov 1999	$20,855,807 63.9% $112.91	$259,673,213 74.4% $106.53	$245,890,352 73.7% $108.49	5.6% 0.9 5.2

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 1999	105.0	104.6	102.4	2.5%

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