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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Mar 15, 2012 4:18 PM
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Online Reference 1: Selected Economic Indicators

View Economic Indicator Charts 
Back to January 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 November 2011)
-- -- 3.3%
For the United States (As of December 2011) -- --  3.0% 
Core CPI-U (excludes food and energy) -- -- 2.2%
(As of December 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 2011)   4.6% 4.3%  4.4%
Virginia (As of December 2011)   6.2% 6.2%   6.6%
United States (As of January 2012)   8.3%  8.5%  9.4%
(Source: United States Department of Labor, Bureau of Labor Statistics)
     
  Current Quarter Prior Quarter Prior Year
Office Vacancy Rates       
  Alexandria 13.5%  13.6% 11.6%
  Northern Virginia 13.1%  12.9% 12.6%
  Washington DC Metro Area 11.6%  11.5% 11.3%
(As of 4th quarter 2011)
(Source: CoStar)
     
       
  Current Year Prior Year Change on
Previous Year
New Business Licenses  
3 month trailing average
64 52

23.1%

(As of January 2012)
(Source: Finance Department)
       
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)
       
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of December 2011)
   
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)
   
       
Residential Real Estate Indicators
(Calendar YTD ending December 2011)
     
Residential Dwelling Units Sold            1,690             1,697    -0.4%
Median Residential Sales Price 
(As of December 2011)
   $488,500      $417,600   17.0%
(Source: Department of Real Estate Assessments)
       
Foreclosures
3 month trailing Average
14 20       -30.0%
(As of December 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.