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.
| | | | Change on
Previous Year |
Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area (As of May 2012) | -- | -- | 1.8% |
| For the United States (As of June 2012) | -- | -- | 1.7% |
| Core CPI-U (excludes food and energy) | -- | -- | 2.2% |
(As of June 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 May 2012) | 4.2% | 4.2% | 4.5% |
| Virginia (As of June 2012) | 5.6% | 5.6% | 6.0% |
| United States (As of June 2012) | 8.2% | 8.2% | 9.2% |
| (Source: United States Department of Labor, Bureau of Labor Statistics) |
| | | | |
| | Current Quarter | Prior Quarter | Prior Year |
| Office Vacancy Rates | | | |
| Alexandria | 14.4% | 14.8% | 12.3% |
| Northern Virginia | 14.2% | 14.0% | 12.9% |
| Washington DC Metro Area | 12.3% | 12.2% | 11.4% |
(As of 2nd quarter 2012)
(Source: CoStar) | | | |
| | | | |
| | Current Year | Prior Year | Change on
Previous Year |
New Business Licenses
3 month trailing average | 72 | 68 | 5.9% |
(As of June 2012)
(Source: Finance Department) |
| | | | |
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of June 2012) | |
| Number of New Building Permits | 3 | 5 | -40.0% |
Value of New Building Permits
($ millions) | $30.1 | $22.5 | 33.8% |
| (Source: Office of Code Administration) |
| | | | |
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of June 2012) | | |
| Number of New Building Permits | 63 | 58 | 8.6% |
Value of New Building Permits
($ millions) | $124.0 | $40.0 | 210.0% |
(Source: Office of Code Administration)
| | |
| | | | |
Residential Real Estate Indicators
(Calendar YTD ending May 2012) | | | |
| Residential Dwelling Units Sold | 758 | 686 | 10.5% |
Median Residential Sales Price
(As of May 2012) | $531,000 | $493,000 | 7.7% |
| (Source: Department of Real Estate Assessments) |
| | | | |
Foreclosures
3 month trailing Average | 13 | 12 | 8.3% |
(As of May 2012)
(Source: Department of Real Estate Assessments) |
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