Arlington • Virginia USA Economic Indicators

June 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

~
Apr 2000
Apr 2000
~
Apr 2000
Apr 2000

~
113,980
1,205,898
~
1.1%
1.3%

~
113,443
1,199,797
~
1.3%
1.5%

~
107,136
1,132,045
~
1.2%
1.3%
~
6.4%
6.5%
~
0.1
0.0
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

May 2000
May 2000
May 2000
90
17
61
509
77
372

647
116
370

-21.3%
-33.6%
0.5%
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

May 2000
May 2000
May 2000

$292,151
$330,314
$138,620

$331,884
$338,301
$147,499
$270,353
$295,999
$141,558
22.8%
14.3%
4.2%
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

Apr 2000
Apr 2000
Apr 2000

$2,998,280
85.0%
$123.88

$97,710,811
70.7%
$117.61

$86,507,409
72.6%
$112.01

13.0%
-3.6
5%
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

Apr 2000
Apr 2000

24,749
1,435,271

-0.04
0.05

Source: Metropolitan Washington Airports Authority

 

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