Online Reference 1: Selected Economic Indicators
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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.
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Change on
Previous Year |
Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area (As of November 2011) |
-- |
-- |
3.3% |
| For the United States (As of November 2011) |
-- |
-- |
3.4% |
| Core CPI-U (excludes food and energy) |
-- |
-- |
2.2% |
(As of November 2011)
(Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics) |
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Current Month |
Prior Month |
Prior Year |
| Unemployment Rates |
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| Alexandria (As of November 2011) |
4.3% |
4.5% |
4.9% |
| Virginia (As of November 2011) |
6.2% |
6.4% |
6.6% |
| United States (As of December 2011) |
8.5% |
8.6% |
9.4% |
| (Source: United States Department of Labor, Bureau of Labor Statistics) |
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Current Quarter |
Prior Quarter |
Prior Year |
| Office Vacancy Rates |
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| 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) |
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Current Year |
Prior Year |
Change on
Previous Year |
New Business Licenses
3 month trailing average |
58 |
57 |
1.8%
|
(As of December 2011)
(Source: Finance Department) |
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New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of December 2011) |
|
| Number of New Building Permits |
2 |
1 |
100.0% |
Value of New Building Permits
($ millions) |
$17 |
$0.3 |
5466.7% |
| (Source: Office of Code Administration) |
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New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of December 2011) |
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| Number of New Building Permits |
60 |
26 |
130.8% |
Value of New Building Permits
($ millions) |
$102.9 |
$39.9 |
157.9% |
(Source: Office of Code Administration)
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Residential Real Estate Indicators
(Calendar YTD ending November 2011) |
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| Residential Dwelling Units Sold |
1,594 |
1,562 |
2.0% |
Median Residential Sales Price
(As of November 2011) |
$485,000 |
$429,500 |
12.9% |
| (Source: Department of Real Estate Assessments) |
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Foreclosures
3 month trailing Average |
16 |
31 |
-48.4% |
(As of November 2011)
(Source: Department of Real Estate Assessments) |
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City of Alexandria, VA
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