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 July 2012) | -- | -- | 1.4% |
| For the United States (As of July 2012) | -- | -- | 1.4% |
| Core CPI-U (excludes food and energy) | -- | -- | 2.1% |
(As of July 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 June 2012) | 4.6% | 4.2% | 4.8% |
| Virginia (As of July 2012) | 5.9% | 5.6% | 6.1% |
| United States (As of July 2012) | 8.3% | 8.2% | 9.1% |
| (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 | 70 | 68 | 2.9% |
(As of July 2012)
(Source: Finance Department) |
| | | | |
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of July 2012) | |
| Number of New Building Permits | 0 | 0 | 0.0% |
Value of New Building Permits
($ millions) | $0.0 | $0.0 | 0.0% |
| (Source: Office of Code Administration) |
| | | | |
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of July 2012) | | |
| Number of New Building Permits | 1 | 0 | N/A |
Value of New Building Permits
($ millions) | $29.5 | $0.0 | N/A |
(Source: Office of Code Administration)
| | |
| | | | |
| Residential Real Estate Indicators | | | |
Residential Dwelling Units Sold
(Calendar YTD ending July 2012) | 1,208 | 1,071 | 12.8% |
Median Residential Sales Price
(As of July 2012) | $469,500 | $529,000 | -11.2% |
| (Source: Department of Real Estate Assessments) |
| | | | |
Foreclosures
3 month trailing Average | 12 | 18 | -33.3% |
(As of July 2012)
(Source: Department of Real Estate Assessments) |
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