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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Feb 15, 2012 4:01 PM
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Online Reference 1: Selected Economic Indicators

View Economic Indicator Charts
Back to October 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 September 2011)
-- -- 3.4%
For the United States (As of September 2011) -- --  3.9% 
Core CPI-U (excludes food and energy) -- -- 2.0%
(As of September 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 September 2011)   4.8% 4.8%  4.5%
Virginia (As of September 2011)   6.5% 6.3%   6.7%
United States (As of October 2011)    9.0%  9.1%  9.6%
(Source: United States Department of Labor, Bureau of Labor Statistics)
     
  Current Quarter Prior Quarter Prior Year
Office Vacancy Rates       
  Alexandria 13.6%  13.0% 11.6%
  Northern Virginia 12.4%  12.7% 12.7%
  Washington DC Metro Area 11.2%  11.5% 11.6%
(As of 3rd quarter 2011)
(Source: CoStar)
     
       
  Current Year Prior Year Change on
Previous Year
New Business Licenses  
3 month trailing average
59 72

-18.1%

(As of October 2011)
(Source: Finance Department)
       
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of October  2011) 
 
Number of New Building Permits       1            0 N/A
Value of New Building Permits 
($ millions)
    $16          $0  N/A
(Source: Office of Code Enforcement)
       
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD ending October 2011)
   
Number of New Building Permits     8    2 N/A
Value of New Building Permits
($ millions)
   $70.2   $0.2 N/A
(Source: Office of Code Enforcement)      
       
Residential Real Estate Indicators
(Calendar YTD ending October 2011)
     
Residential Dwelling Units Sold            1,461             1,402   4.2%
Median Residential Sales Price 
(As of October 2011)
   $490,500      $460,000   6.6%
(Source: Department of Real Estate Assessments)
       
Foreclosures
3 month trailing Average
19 33       -42.4%
(As of October 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.