Northern Virginia lost 8,200 jobs as the commonwealth shed tens of thousands of federal workers between November 2024 and November 2025, new data shows.
Non-farm employment in Northern Virginia was down 0.5% as of November, according to data that the Virginia Department of Workforce Development and Advancement reported yesterday (Wednesday). The commonwealth as a whole, meanwhile, had lost 22,400 federal jobs year-over-year — an 11.5% decrease.
Arlington County’s tax revenue was millions of dollars short of what was expected in the first months of this fiscal year, resulting in cutbacks on some expenditures.
County revenue from real estate taxes and taxes on public consumption — like sales, meals and lodging taxes — was $13 million behind projections during the first four months of the fiscal year that began July 1, County Manager Mark Schwartz said in a County Board briefing yesterday (Tuesday).
Falls Church city and school leaders head into planning for the fiscal year 2027 budget with many unknowns to contend with.
David So, the city government’s new budget director, sketched out a number of budget scenarios at a Monday (Dec. 1) work session between members of the City Council and School Board. Depending on the scenario, his projections leave a budget gap of between $2.7 million and $5.4 million that will have to be addressed before a final budget is adopted next May.
The seven-week government shutdown derailed growth at Arlington Transit (ART), but county leaders anticipate a return to higher numbers.
October is “typically the highest ridership month we have,” said Paul Mounier, a transit planner for the county government, at the Nov. 18 meeting of the Transit Advisory Committee. But figures show a ridership decline of 2.2% year-over-year that month, dropping to just over 243,000 riders.
The D.C. metro area stands alone in the Mid-Atlantic as the only region where home prices are expected to fall next year.
A forecast issued Wednesday (Dec. 3) by multiple-listing service Bright MLS predicts the median sales price of homes sold in the D.C. region in 2026 will drop 1% to $616,700, following a projected 3% increase in 2025.
A drop in occupancy rates at Arlington hotels is raising concerns about how long a rebound might take and the ripple effects it will have across the county’s overall economy.
Vacancy rates are “the biggest challenge” among local economic indicators at the moment, said Kate Ange, acting director of Arlington Economic Development.
Arlington officials are asking state legislators to fill financial gaps left by the federal government’s reduction in support for local counterterrorism initiatives.
The D.C. region stands to lose about $20 million in funding — 60% of which is devoted to Northern Virginia — as the Trump administration makes changes to the Urban Areas Security Initiative.
The housing market in Arlington held up well in October despite economic headwinds and the federal shutdown.
One key indicator: The average sales price for single-family detached homes approached $1.5 million — down from an unexpectedly high amount in September but still well above year-over-year figures.
Despite the federal-government shutdown, Arlington and much of Northern Virginia are seeing robust interest among potential home-buyers, something unusual this time of year.
The county recorded 728 home showings for the week ending Nov. 2, according to figures reported by the Bright MLS multiple-listing service.
The Falls Church City Council is considering a major increase to a pool of funding to support local residents facing short-term financial difficulties.
City staff originally proposed adding $20,000 to $25,100 previously allocated for an assistance fund that provides eligible households with up to $1,000 in support per year.
Arlington officials have added online resources in support of county residents impacted by the ongoing federal shutdown.
The updates include links to local, state and federal supports for those impacted since Oct. 1 as either federal workers of contractors. Tens of thousands of federal workers live or work in Arlington, one of the highest concentrations in the D.C. area.
Arlington single-family homes continued to march closer to an average $2 million sales price in newly released data.
The average sales price of the 60 single-family detached properties that went to closing in September was $1,813,759 — up a whopping 23.5% year-over-year.
