Arlington Economic Indicators PDF

Indicators About the Economy and Development
At-Place Employment	4Q2009	3Q2009	4Q2008	Annual Change
Number of Jobs	160,483	158,707	159,044	0.9%
Number of Business Establishments	7,871	7,769	7,676	2.5%
Average Gross Weekly Wages	$1,595	$1,413	$1,513	5.4%
Labor Force	May-10	April-10	May-09	Annual Change
Number of Residents in the Civilian Labor Force	139,778	139,378	139,611	0.1%
Number of Employed Residents	133,805	133,724	133,350	0.3%
Unemployment Rate	4.3%	4.1%	4.5%	-0.1pp*
Office Absorption	2Q2010	2Q2010 YTD	2Q2009 YTD	Annual Change
Square Feet of Net Office Absorption	33,724	209,930	515,538	-59.3%
Office Vacancy	2Q2010	1Q2010	2Q2009	Annual Change
Office Vacancy Rate	8.6%	8.2%	8.5%	0.1pp*
Housing Sales	May-10	April-10	May-09	Annual Change
Average Days on Market: Single Family Homes	38	65	103	-65
Average Days on Market: Townhomes	39	50	53	-14
Average Days on Market: Condominimums	46	45	66	-20
Tourism	May-10	May-10 YTD	May-09 YTD	Annual Change
Hotel Occupancy Rate	83.6%	73.9%	73.3%	0.6pp*
Average Daily Room Rate	$173.36	$168.63	$174.04	-3.1%
Washington Area Indices	May-10	March-10	May-09	Annual Change
Consumer Price Index: Washington Area	142.0	141.7	139.3	1.9%
Washington Area Economic Indicators	April-10	March-10	April-09	Annual Change
Washington Area Coincident Index	108.3	105.0	105.4	2.8%
Washington Area Leading Index	108.3	108.1	105.8	2.4%
Retail Sales	March-10	February-10	March-09	Annual Change
Sales Tax Receipts	3,313,170	2,459,848	2,979,371	11.2%
Air Transportation	May-10	April-10	May-09	Annual Change
Total Aircraft Operations at DCA	22,926	22,713	23,488	-2.4%
Total Passengers at DCA	1,612,864	1,592,183	1,576,241	2.3%
Commercial Building Permit Activity	June-10	June-10 YTD	June-09 YTD	Annual Change
Square Feet Permitted for New Construction	0	388,005	776,384	-50.0%
Square Feet Permitted for Tenant Fit-out	137,760	1,204,654	1,048,977	14.8%
Residential Building Permit Activity	June-10	June-10 YTD	June-09 YTD	Annual Change
New Single Family Detached Units Permitted	7	51	55	-4
New Townhomes Permitted	0	32	33	-1
Square Feet Permittted for New Multifamily Units	0	363,990	729,423	-50.1%
Indicators about Economic Conditions
Employment Related	April-10	March-10	April-09	Annual Change
Applicants Visiting the Arlington Employment Center	1,500	1,431	1,315	14.1%
Applicants Receiving Intensive Employment Services	1,431	1,400	974	46.9%
Safety Net Services	April-10	March-10	April-09	Annual Change
Visits to DHS Crisis Assistance Bureau	579	590	397	45.8%
Average Number of Families Served Weekly by AFAC	1,185	1,325	1,178	0.6%
Food Stamp Applications Processed	260	289	255	2.0%
Households Receiving Food Stamps	3,717	3,657	3,032	22.6%
Applications Taken for Housing Grants	146	152	118	23.7%
Households Receiving Housing Grants	974	960	843	15.5%
Caseload Receiving Medicaid	7,728	7,656	6,966	10.9%
Caseload Receiving TANF	351	345	338	3.8%
Real Estate Related	March-10	March-10 YTD	March-09 YTD	Annual Change
Number of Home Foreclosures	14	40	70	-42.9%
Number of Bank Sales	11	31	82	-62.2%
Fiscal Indicators
Revenues	March-10	February-10	March-09	Annual Change
New Vehicle Registrations	3,100	1,869	3,020	2.6%
New Business Licenses Issued	371	164	258	43.8%
Meals Tax Assessments	2,655,402	2,377,172	2,432,546	9.2%
Transient Occupancy Tax Assessments	2,219,667	1,398,644	2,057,279	7.9%

* pp = percentage points

Updated: July 9, 2010. Click indicator title for historical records.

For more information, contact Arlington Economic Development at (703) 228-0808.