Arlington • Virginia • USA Economic Indicators

March 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		 156,912
6,315
$1,989,164 		152,074
6,331
$2,038,107 		156,947
6,251
$1,797,556

0.0%
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

 ~
Jan 2001
Jan 2001
 ~
Jan 2001
Jan 2001

~
114,442
1,252,229
~
1.0%
1.1%

~
114,241
1,249,277
~
1.0%
1.0%

~
107,519
1,175,656
~
1.4%
1.4% 		~
6.4%
6.5%
~
0.3
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

 Feb 2001
Feb 2001
Feb 2001		 83
22
86 		167
42
176

156
46
115

7.1%
-8.7%
53.0%
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

 Feb 2001
Feb 2001
Feb 2001

$375,199
$324,568
$152,577

$371,826
$453,820
$178,475 		$318,556
$281,856
$124,860 		17.8%
15.2%
22.2%
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

 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%
$6.2
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

 Jan 2001 108.9 108.5 105.4 3.3%
Source: US Bureau of Labor Statistics

 

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

Arlington

 4th Q 2000 $629,336,332 $576,114,863 $578,488,939 8.8%
Source: Virginia Department of Taxation

 

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