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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Oct 26, 2010 8:29 AM
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Economic Indicator Charts for August 2010

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Quick Guide 


 

Unemployment Rates -- August 2010

Source:  U.S. Department of Labor, Bureau of Labor Statistics
U.S., Virginia through August 2010; Alexandria through July 2010

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CPI -- August 2010

Source:  U.S. Department of Labor, Bureau of Labor Statistics
U.S. through September 2010; Washington/Baltimore through August 2010

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Employment -- August 2010

Source: Virginia Employment Commission
Through 1st Quarter 2010

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Office Availability -- August 2010
 

Source:  Grubb & Ellis    
Through 2nd quarter 2010

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 Office Vacancy -- August 2010                      

 Source:  CoStar*             
 Through 2nd quarter 2010  
           
 *This is a new graph.  Unlike the Grubb & Ellis data (above)  which includes all business property available for lease (even if it is currently occupied but available because the current occupant has not vacated the property), CoStar data only included currently vacant property.  Also, unlike Grubb and Ellis, it includes small office buildings of less than 20,000 square feet, owner-occupied buildings, and medical buildings.  The addition of these categories of office space more than doubles the measured capacity of the office market in Alexandria.  As one can see in comparing the two graphs, these changes level out the ups and downs.           
We believe the Co Star data is a better representation of the office market than the Grubb & Ellis series.  CoStar data is what the AEDP uses to portray office market conditions in Alexandria.
     

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   Residential Permits -- August 2010

Source:  Code Administration Department
Through August 2010

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Permits -- August 2010

Source:  Code Administration Department
Through August 2010

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New Business Licenses -- August 2010              

Source: Finance Department
Through August 2010

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Retail Sales -- August 2010     

Source:  Finance Department
Through July 2010

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Revised Lodging -- August 2010                                

Source:  Finance Department
Through July 2010

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Meals Tax -- August 2010

Source:  Finance Department
Through May 2010*
*Meals Tax collections typically lag because there are restaurants that miss the filing and payment deadlines each month.

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Residential Sales -- August 2010                               

Source:  Department of Real Estate Assessments
Through August 2010

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Average Sales -- August 2010     

Source:  Department of Real Estate Assessments
Through August 2010

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Housing Inventory -- August 2010                              

Source:  Metropolitan Regional Information Systems
August 2003-2010

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Foreclosures -- August 2010          

Source:  Department of Real Estate Assessments
Through August 2010

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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.