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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jul 30, 2010 1:21 PM
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Selected Economic Indicators for May 2010

View Economic Indicator Charts
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NOTE:  Click on any of the highlighted economic indicator categories to view a chart of the indicator over time or click on the link above to view all economic indicator charts, including some not listed in this table.

 

Current Year

Prior Year

Percent Change

Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area
 (As of May 2010)

-- --

  1.9%

For the United States (As of May 2010) -- --    2.0% 
Core CPI-U (excludes food and energy) -- --

 0.9%

(As of May 2010)
(Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics)

 

 

 

 

  Current Year Prior Month Prior Year

Unemployment Rates  

 

 

 

Alexandria (As of April 2010)

  4.5%

5.3%

4.6%

Virginia (As of May 2010)

  7.1%

7.2%

6.8%

United States (As of May 2010)

   9.7%

 9.9%

9.4%

(Source: United States Department of Labor, Bureau of Labor Statistics)

     
  Current Year Prior Quarter Prior Year

Office Vacancy Rates 

 

 

 

  Alexandria

17.6%

  16.3%

 14.3%

  Northern Virginia

16.6%

 16.3%

15.2%

  Washington DC Metro Area

15.7%

 15.4%

13.5%

(As of 1st quarter 2010)
(Source: Grubb & Ellis)

 

 

 

 

 

 

 

  Current Year Prior Year Percent Change

New Business Licenses  
3 month trailing average

70 69 1.4%
(As of May 2010)
(Source: Finance Department)
       

New Commercial Construction
(Fiscal YTD as of May 2010)

 

 

 

Number of New Building Permits

      4

         6

   -33.3%

Value of New Building Permits 

23.5

    139.1

    -83.1%

(Source: Office of Code Enforcement)

 

 

 

 

Residential Real Estate Indicators(YTD ending May 2010)

 

 

 

Residential Dwelling Units Sold 

           775

          694

    11.7%

Average Residential Sales Price 

$432,218

$416,515

      3.8%

(Source: Department of Real Estate Assessments)
     
Foreclosures
3 month trailing Average
31 19       63.2%
(As of May 2010)
(Source: Department of Real Estate Assessments)

301 King St.
Alexandria, VA 22314
703.746.3900
Fax: 703.838.4987
E-mail

Office Hours:
Monday - Friday
8 a.m. - 5 p.m.