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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jun 11, 2012 8:54 AM
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Online Reference 1: Selected Economic Indicators

View Economic Indicator Charts
Back to April 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 March 2012)
-- -- 3.2%
For the United States (As of March 2012) -- -- 2.7%
Core CPI-U (excludes food and energy) -- -- 2.3%
(As of March 2012)
(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 March 2012) 4.5% 5.0% 4.5%
Virginia (As of March 2012) 5.6% 5.7% 6.2%
United States (As of April 2012) 8.1% 8.2% 9.0%
(Source: United States Department of Labor, Bureau of Labor Statistics)
       
  Current Quarter Prior Quarter Prior Year
Office Vacancy Rates      
Alexandria 14.4% 13.9% 12.1%
Northern Virginia 13.9% 13.3% 12.9%
Washington DC Metro Area 12.2% 11.7% 11.5%
(As of 1st quarter 2012)
(Source: CoStar)
     
       
  Current Year Prior Year Change on
Previous Year
New Business Licenses
3 month trailing average
70 59 18.6%
(As of April 2012)
(Source: Finance Department)
       
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of March 2012)
 
Number of New Building Permits 3 1 200.0%
Value of New Building Permits
($ millions)
$30.1 $0.3 9933.3%
(Source: Office of Code Administration)
       
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of March 2012)
   
Number of New Building Permits 61 58 5.2%
Value of New Building Permits
($ millions)
$123.7 $40.0 209.3%
(Source: Office of Code Administration)
   
       
Residential Real Estate Indicators
(Calendar YTD ending March 2012)
     
Residential Dwelling Units Sold 356 351 1.4%
Median Residential Sales Price
(As of March 2012)
$462,500 $410,000 12.8%
(Source: Department of Real Estate Assessments)
       
Foreclosures
3 month trailing Average
41 34 20.6%
(As of March 2012)
(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.