Arlington, Virginia - News & Data


Arlington • Virginia • *USA*			Economic Indicators

June 2001

AT PLACE EMPLOYMENT

At Place Employment *	Reporting Period	Current	Last Period	Last Year	Annual Change
Employees Establishments Gross Wages (thousands)	3rd Q 2000 3rd Q 2000 3rd Q 2000	158,317 6,343 $2,051,903	157,234 6,315 $1,989,164	152,074 6,248 $1,854,844	4.1% 1.5% 10.6%

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	~ April 2001 April 2001 ~ April 2001 April 2001	~ 116,435 1,273,611 ~ 1.2% 1.3%	~ 115,628 1,265,695 ~ 1.2% 1.3%	~ 109,798 1,202,220 ~ 0.9% 1.0%	~ 6.3% 5.9% ~ 0.3 pp 0.3 pp

Source: Virginia Employment Commission *readjusted monthly pp = percentage points

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	1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001	-360,638 -31,315 -9,227 11,173 4,032 -349,667 183,313	-360,638 -31,315 -9,227 11,173 4,032 -349,667 183,313	56,220 74,783 137,276 -30,655 1,382 19,613 2,032,314	416,858 106,098 146,503 41,828 2,650 369,280 1,849,001
Direct Office Vacancy Rate	Reporting Period	Current	Last Period	Last Year	Annual Change
*Arlington* Rosslyn Clarendon/Courthouse Ballston Virginia Square Crystal City *Northern Virginia*	1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001 1st Q 2001	2.8% 1.9% 0.6% 2.3% 0.8% 5.1% 5.3%	1.8% 1.8% 0.9% 2.6% 1.4% 2.0% 4.1%	4.9% 3.8% 6.7% 7.8% 16.2% 2.3% 6.2%	2.1 pp 1.9 pp 6.1 pp 5.5 pp 15.4 pp 2.8 pp 0.9 pp

Source: CoStar Group, Inc. pp=percentage points

HOUSING SALES

Housing Sales*	Reporting Period	Current	Year-to-Date	Last Year-to-Date	Change
Single Family Detached Single Family Attached Condominium	May 2001 May 2001 May 2001	138 33 146	530 128 548	494 126 405	7.3% 1.6% 35.3%

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 2001 May 2001 May 2001	$382,475 $321,015 $158,667	$377,191 $295,910 $171,348	$304,078 $309,521 $143,704	25.8% 3.7% 10.4%

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	April 2001 April 2001 April 2001	$29,986,673 83.6% $129.62	$100,145,101 72.7% $126.01	$97,710,811 71.0% $118.24	2.5% 1.7 pp $7.77

Source: Arlington County Commissioner of Revenue and Smith Travel Research pp=percentage points

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 2001	110.1	109.7	106.7	3.2%

Source: US Bureau of Labor Statistics

TAXABLE RETAIL SALES

Taxable Retail Sales	Reporting Period	Current	Last Period	Last Year	Annual Change
Arlington	1st Q 2001	$526,078,697	$629,336,392	$507,903,904	3.6%

Source: Virginia Department of Taxation

AIR TRANSPORTATION

Ronald Reagan Washington National Airport	Reporting Period	Current	Last Period	Last Year	Change
Total Aircraft Operations Total Passengers	April 2001 April 2001	27,002 1,538,818	26,431 1,472,461	24,749 1,435,271	9.1% 7.2%

Source: Metropolitan Washington Airports Authority