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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated May 2, 2011 11:05 AM
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Online Reference 1: Selected Economic Indicators

View Economic Indicator Charts
Back to Febuary Financial Report          

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.

 

 

Change on
Previous Year

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

-- --

2.3%

For the United States (As of February 2011) -- --

2.1% 

Core CPI-U (excludes food and energy) -- --

1.1%

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

 

 

 

 

  Current Month Prior Month Prior Year

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)

     
  Current Quarter Prior Quarter Prior Year

Office Vacancy Rates 

 

 

 

  Alexandria

10.9%

  10.9%

11.2%

  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)

 

 

 

 

 

 

 

  Current Year Prior Year Change on
Previous Year

New Business Licenses  
3 month trailing average

50 78 -35.9%
(As of February 2011)
(Source: Finance Department)
       

New Commercial Construction
(Fiscal YTD as of February 2011)

 

 

 

Number of New Building Permits

      1

           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%

(Source: Department of Real Estate Assessments)
     
Foreclosures
3 month trailing Average
10 23              -56.5%
(As of February 2011)
(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.