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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jul 26, 2011 2:37 PM
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Online Reference 1: Selected Economic Indicators

View Economic Indicator Charts
Back to May 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 May 2011)
-- -- 3.9%
For the United States (As of May 2011) -- --  3.6% 
Core CPI-U (excludes food and energy) -- -- 1.5%
(As of May  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 May  2011)   4.2% 4.0%  4.8%
Virginia (As of May  2011)   6.0% 6.1%   7.0%
United States (As of May 2011)    9.1%  9.0%  9.7%
(Source: United States Department of Labor, Bureau of Labor Statistics)
     
  Current Quarter Prior Quarter Prior Year
Office Vacancy Rates       
  Alexandria 12.1%   11.6% 12.5%
  Northern Virginia 12.6%  12.6% 12.9%
  Washington DC Metro Area 11.3%  11.3% 12.1%
(As of 1st quarter 2011)
(Source: CoStar)
     
       
  Current Year Prior Year Change on
Previous Year
New Business Licenses  
3 month trailing average
65 70 -6.2%
(As of May 2011)
(Source: Finance Department)
       
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of May 2011) 
 
Number of New Building Permits       4            4        0.0%
Value of New Building Permits 
($ millions)
$7.2    $23.5     -69.4%
(Source: Office of Code Enforcement)
       
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD ending May  2011)
   
Number of New Building Permits       58     121  -52.1%
Value of New Building Permits
($ millions)
$42.5 $18.7 127.3%
(Source: Office of Code Enforcement)      
       
Residential Real Estate Indicators(Calendar YTD ending May 2011)      
Residential Dwelling Units Sold            686              696         -1.4%
Average Residential Sales Price  $528,430    $471,804          12.0%
(Source: Department of Real Estate Assessments)
       
Foreclosures
3 month trailing Average
12 31              -61.3%
(As of May 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.