OP, yes, this could be anorexia.
If she has actually lost weight (and it seems you have reason to believe she has -- loose jeans etc) it isn't just the start.
The sooner you can get treatment, the easier it is to turn this around.
I recommend you take her straight to a good eating disorder clinic. Are you in the DC area?
PP's advice above is perfect. Educate yourself about this now.
A few of us here gave this advice to another parent (stepmom) 2 years ago if you are interested in reading the thread:
http://www.dcurbanmom.com/index/posts/list/663477.page
It is so hard to know what to do, and you don't want to overreact, but if it is anorexia you want to react very quickly and decisively because the sooner you turn it around the better.