Arlington, Virginia - News & Data


Arlington • Virginia • *USA*			Economic Indicators

May 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	~ Mar 2000 Mar 2000 ~ Mar 2000 Mar 2000	~ 113,313 1,198,664 ~ 1.2% 1.4%	~ 112,990 1,194,495 ~ 1.5% 1.6%	~ 106,836 1,128,424 ~ 1.4% 1.5%	~ 6.1% 6.2% ~ .2 .1

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	Apr 2000 Apr 2000 Apr 2000	121 10 101	419 60 311	471 91 284	-11.0% -34.1% 9.5%

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	Apr 2000 Apr 2000 Apr 2000	$331,884 $338,301 $147,499	$334,966 $342,191 $133,986	$258,700 $279,875 $137,871	28.3% 20.9% 7.0%

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	Mar 2000 Mar 2000 Mar 2000	$27,144,393 81.1% $120.45	$62,712,531 65.9% $115.02	$59,619,832 68.2% $109.69	5.2% -3.4 4.9

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	Mar 2000	107.0	105.3	103.2	3.7%

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	Mar 2000 Mar 2000	25,845 1,366,751	2.1 0.3

Source: Metropolitan Washington Airports Authority