Online Reference 1: Selected Economic Indicators

Change on
Previous Year

Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area (As of January 2011)

2.3%

2.1% 

1.1%

(As of February 2011)
(Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics)

Unemployment Rates  

Alexandria (As of December 2010)

  4.4%

4.6%

 4.6%

Virginia (As of January 2011)

  6.5%

6.6%

  6.8%

United States (As of February 2011)

   8.8%

 8.9%

 9.7%

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

Office Vacancy Rates 

  Alexandria

10.9%

  10.9%

  Northern Virginia

12.4%

 12.5%

12.7%

  Washington DC Metro Area

11.3%

 11.5%

12.5%

(As of 4th quarter 2010)
(Source: CoStar)

New Business Licenses  
3 month trailing average

New Commercial Construction
(Fiscal YTD as of February 2011)

Number of New Building Permits

           4

    -75.0%

Value of New Building Permits 

$0.3

   $23.5

    -98.7%

(Source: Office of Code Enforcement)

Residential Real Estate Indicators(Calendar YTD ending February 2011)

Residential Dwelling Units Sold 

        272

          204

        33.3%

Average Residential Sales Price 

$435,640

   $404,482

         7.7%