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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Oct 26, 2009 3:46 PM
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Selected Economic Indicators for August 2009

Download Selected Economic Indicators (PDF)
View Economic Indicator Charts 

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.

 

Current Year

Prior Year

Percent Change

Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area

140.8

142.1

-0.9%

 (As of July 31, 2009)
(Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics)

 

 

 

 

Unemployment Rates 

 

 

 

Alexandria (As of July 31, 2009)

4.9%

2.9%

+69%

Virginia (As of August 31, 2009)

6.5%

4.3%

+51%

(Source: United States Department of Labor, Bureau of Labor Statistics, as adjusted)

 

 

 

 

United States (As of August 31, 2009)

9.7%

6.1%

+59%

(Source: United States Department of Labor, Bureau of Labor Statistics)

     

New Business Licenses 
(During August 2009)

65

67

-3%

(Source: Finance Department, Business Tax Branch)

 

 

 

 

Office Vacancy Rates
(As of June 30, 2009)

 

 

 

  Alexandria

14.6%

6.3%

+132%

  Northern Virginia (1st quarter)

15.2%

13.2%

+15%

  Washington DC Metro Area

14.2%

12.0%

+18%

(Source: Grubb & Ellis)

 

 

 

 

 

 

 

New Commercial Construction
(Fiscal YTD as of August 31, 2009)

 

 

 

Number of New Building Permits

2

1

+100%

Value of New Building Permits

10.6

7.9

+34%

(Source: Fire Department Office of Code Enforcement)

 

 

 

 

Residential Real Estate Indicators(YTD ending August 31, 2009)

 

 

 

Residential Dwelling Units Sold 

1293

1242

+4.1%

Average Residential Sale Price 

$440,652

$469,932

+6.2%

(Source: Department of Real Estate Assessments)