Online Reference 1:  Selected Economic Indicators for June 2010

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%

   0.9%

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

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)

Office Vacancy Rates 

  Alexandria

16.3%

  17.6%

  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)

New Business Licenses  
3 month trailing average

New Commercial Construction
(Fiscal YTD as of June 2010)

Number of New Building Permits

           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%