Arlington Economic Indicators PDF

Indicators About the Economy and Development
At-Place Employment	2Q2009	1Q2009	2Q2008	Annual Change
Number of Jobs	158,455	157,196	155,402	2.0%
Number of Business Establishments	7,780	7,682	7,590	2.5%
Average Gross Weekly Wages	$1,423	$1,471	$1,377	3.3%
Labor Force	December-09	November-09	December-08	Annual Change
Number of Residents in the Civilian Labor Force	133,625	134,373	133,994	-0.3%
Number of Employed Residents	128,245	129,212	129,829	-1.2%
Unemployment Rate	4.0%	3.8%	3.1%	0.9pp*
Office Absorption	4Q2009	4Q2009 YTD	4Q2008 YTD	Annual Change
Square Feet of Net Office Absorption	524,208	632,439	522,728	21.0%
Office Vacancy	4Q2009	3Q2009	4Q2008	Annual Change
Office Vacancy Rate	8.2%	9.6%	9.8%	-1.6pp*
Housing Sales	January-10	December-09	January-09	Annual Change
Average Days on Market: Single Family Homes	90	56	97	-7
Average Days on Market: Townhomes	35	96	53	-18
Average Days on Market: Condominimums	59	59	87	-28
Tourism	December-09	Dec-09 YTD	Dec-08 YTD	Annual Change
Hotel Occupancy Rate	47.7%	71.7%	73.1%	-1.4pp*
Average Daily Room Rate	$147.86	$163.85	$168.31	-2.6%
Washington Area Indices	January-10	November-09	January-09	Annual Change
Consumer Price Index: Washington Area	141.1	140.7	137.6	2.6%
Washington Area Economic Indicators	December-09	November-09	December-08	Annual Change
Washington Area Coincident Index	102.7	104.1	105.7	-2.8%
Washington Area Leading Index	106.9	106.1	104.9	1.9%
Retail Sales	December-09	November-09	December-08	Annual Change
Sales Tax Receipts	$3,231,325	$3,115,931	$3,430,831.00	-9.2%
Air Transportation	December-09	November-09	December-08	Annual Change
Total Aircraft Operations at DCA	20,878	22,045	21,909	-4.7%
Total Passengers at DCA	1,294,026	1,413,515	1,401,707	-7.7%
Commercial Building Permit Activity	February-10	Feb-10 YTD	Feb-09 YTD	Annual Change
Square Feet Permitted for New Construction	0	56,570	540,202	-89.5%
Square Feet Permitted for Tenant Fit-out	123,100	371,763	394,624	-5.8%
Residential Building Permit Activity	February-10	Feb-10 YTD	Feb-09 YTD	Annual Change
New Single Family Detached Units Permitted	5	8	18	-10
New Townhomes Permitted	0	0	23	-23
Square Feet Permittted for New Multifamily Units	0	0	316,543	NA
Indicators about Economic Conditions
Employment Related	January-10	December-09	January-09	Annual Change
Applicants Visiting the Arlington Employment Center	1,348	1,031	1207	11.7%
Applicants Receiving Intensive Employment Services	1,321	1,262	911	45.0%
Safety Net Services	January-10	December-09	January-09	Annual Change
Visits to DHS Crisis Assistance Bureau	585	498	499	17.2%
Average Number of Families Served Weekly by AFAC	1,300	1,098	1,030	26.2%
Food Stamp Applications Processed	251	228	200	25.5%
Households Receiving Food Stamps	3,519	3,466	2,855	23.3%
Applications Taken for Housing Grants	125	126	117	6.8%
Households Receiving Housing Grants	949	932	835	13.7%
Caseload Receiving Medicaid	7,563	7,373	6,738	12.2%
Caseload Receiving TANF	329	335	292	12.7%
Real Estate Related	October-10	Oct-09 YTD	Oct-08 YTD	Annual Change
Number of Home Foreclosures	19	231	210	10.0%
Number of Bank Sales	12	274	216	26.9%
Fiscal Indicators
Revenues	December-09	November-09	December-08	Annual Change
New Vehicle Registrations	2,224	2,661	1,969	13.0%
New Business Licenses Issued	262	171	184	42.4%
Meals Tax Assessments	2,275,449	2,313,246	2,271,345	0.2%
Transient Occupancy Tax Assessments	1,415,071	1,560,296	1,539,721	-8.1%

* pp = percentage points

Updated: March 8, 2010. Click indicator title for historical records.

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