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	December-09	November-09	December-08	Annual Change
Average Days on Market: Single Family Homes	56	63	81	-25
Average Days on Market: Townhomes	96	58	66	30
Average Days on Market: Condominimums	59	42	63	-4
Tourism	November-09	Nov-09 YTD	Nov-08 YTD	Annual Change
Hotel Occupancy Rate	60.6%	74.0%	75.2%	-1.2pp*
Average Daily Room Rate	$160.18	$164.83	$169.03	-2.5%
Washington Area Indices	November-09	September-09	November-08	Annual Change
Consumer Price Index: Washington Area	140.7	140.9	138.5	1.6%
Washington Area Economic Indicators	November-09	October-09	November-08	Annual Change
Washington Area Coincident Index	104.5	106.3	106.9	-2.2%
Washington Area Leading Index	106.5	106.7	104.8	1.6%
Retail Sales	November-09	October-09	November-08	Annual Change
Sales Tax Receipts	$3,115,931	$2,992,319	$2,849,467.00	5.0%
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	December-09	Dec-09 YTD	Dec-08 YTD	Annual Change
Square Feet Permitted for New Construction	0	905,816	556,510	62.8%
Square Feet Permitted for Tenant Fit-out	188,631	2,510,220	2,509,237	0.0%
Residential Building Permit Activity	December-09	Dec-09 YTD	Dec-08 YTD	Annual Change
New Single Family Detached Units Permitted	3	112	87	25
New Townhomes Permitted	10	43	100	-57
Square Feet Permittted for New Multifamily Units	0	729,423	1,873,825	-61.1%
Indicators about Economic Conditions
Employment Related	December-09	November-09	December-08	Annual Change
Applicants Visiting the Arlington Employment Center	1,031	1,163	1,214	-15.1%
Applicants Receiving Intensive Employment Services	1,262	1,244	967	30.5%
Safety Net Services	December-09	November-09	December-08	Annual Change
Visits to DHS Crisis Assistance Bureau	498	472	467	6.6%
Average Number of Families Served Weekly by AFAC	1,098	1,318	1046	5.0%
Food Stamp Applications Processed	228	280	258	-11.6%
Households Receiving Food Stamps	3,466	3,415	2,834	22.3%
Applications Taken for Housing Grants	126	122	83	51.8%
Households Receiving Housing Grants	932	932	833	11.9%
Caseload Receiving Medicaid	7,373	7,402	6,750	9.2%
Caseload Receiving TANF	335	337	305	9.8%
Real Estate Related	July-09	July-09 YTD	July-08 YTD	Annual Change
Number of Home Foreclosures	13	192	226	-15.0%
Number of Bank Sales	24	190	159	19.5%
Fiscal Indicators
Revenues	November-09	October-09	November-08	Annual Change
New Vehicle Registrations	2,661	2,927	2,553	4.2%
New Business Licenses Issued	171	201	77	122.1%
Meals Tax Assessments	2,313,246	2,123,100	2,207,815	4.8%
Transient Occupancy Tax Assessments	1,560,296	2,049,528	1,597,884	-2.4%

* pp = percentage points

Updated: February 3, 2010. Click indicator title for historical records.

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