Arlington, Virginia - News & Data


Arlington • Virginia • *USA*			Economic Indicators

July 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	~ May 2000 May 2000 ~ May 2000 May 2000	~ 114,082 1,206,830 ~ 1.2% 1.5%	~ 113,964 1,205,692 ~ 1.1% 1.3%	~ 107,952 1,141,133 ~ 1.5% 1.7%	~ 5.7% 5.8% ~ 0.3 0.2

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	2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000	445,779 121,485 84,190 1,000 126,055 33,060 2,718,807	546,403 196,268 221,466 -25,884 154,437 44,641 5,006,610	1,407,917 862,834 129,424 111,906 98,146 228,550 14,827,055	861,514 666,566 92,042 137,790 56,291 183,909 9,820,445
Non-Residential Vacancy	Reporting Period	Current	Last Period	Last Year	Annual Change
*Arlington* Rosslyn Clarendon/Courthouse Ballston Virginia Square Crystal City *Northern Virginia*	2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000 2nd Q 2000	2.0% 2.0% 0.8% 3.5% 4.1% 1.2% 3.2%	3.6% 3.6% 3.1% 4.1% 20.9% 1.5% 4.4%	4.6% 8.6% 1.3% 7.1% 14.7% 2.5% 6.0%	2.6% 6.6% 0.5% 3.5% 10.6% 1.3% 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	June 2000 June 2000 June 2000	93 17 84	638 106 488	872 138 489	-26.8% -23.2% -0.2%

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	June 2000 June 2000 June 2000	$333,892 $352,077 $137,266	$288,486 $363,818 $143,703	$280,123 $268,451 $157,084	3.0% 35.5% -8.5%

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	May 2000 May 2000 May 2000	$30,705,761 85.9% $82.89	$128,416,572 74.1% $76.76	$114,361,881 75.0% $70.83	12.0% -1.2 8.4

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	May 2000	106.7	107.0	103.6	3.0%

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	May 2000 May 2000	26,214 1,470,690	0.06 0.03

Source: Metropolitan Washington Airports Authority