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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Aug 26, 2010 10:19 AM
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Online Reference 1:  Selected Economic Indicators for June 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 June 2010) -- --    1.1% 
Core CPI-U (excludes food and energy) -- --

   0.9%

(As of June 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 June 2010)

  4.8%

4.8%

5.0%

Virginia (As of June 2010)

  7.0%

7.1%

6.9%

United States (As of June 2010)

   9.5%

 9.7%

9.5%

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

     
  Current Year Prior Quarter Prior Year

Office Vacancy Rates 

 

 

 

  Alexandria

16.3%

  17.6%

 14.6%

  Northern Virginia

16.0%

 16.6%

15.5%

  Washington DC Metro Area

15.2%

 15.7%

14.2%

(As of 2nd quarter 2010)
(Source: Grubb & Ellis)

 

 

 

 

 

 

 

  Current Year Prior Year Percent Change

New Business Licenses  
3 month trailing average

56 67 -16.4%
(As of June 2010)
(Source: Finance Department)
       

New Commercial Construction
(Fiscal YTD as of June 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 June 2010)

 

 

 

Residential Dwelling Units Sold 

        1,017

          906

    12.3%

Average Residential Sales Price 

$443,317

$426,704

       3.9%

(Source: Department of Real Estate Assessments)
     
Foreclosures
3 month trailing Average
27 23       17.4%
(As of June 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.