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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jun 8, 2010 1:20 PM
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Selected Economic Indicators for October 2009

Return to The Economy 
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

-- --

  -0.8%

For the United States -- --   -0.2% 
Core CPI-U (excludes food and energy) -- -- +1.7%

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

 

 

 

 

Unemployment Rates 

 

 

 

Alexandria (As of Sept. 30, 2009)

  4.8%

3.0%

--

Virginia (As of Oct. 31, 2009)

  6.3%

4.1%

--

United States (As of Oct. 31, 2009)

10.2%

6.6%

--

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

     

Office Vacancy Rates

 

 

 

  Alexandria

16.2%

7.0%

--

  Northern Virginia

16.0%

13.3%

--

  Washington DC Metro Area

14.9%

12.0%

--

(As of Sept. 30, 2009)
(Source: Grubb & Ellis)

 

 

 

 

 

 

 

New Business Licenses 
3 month trailing average

79 82 -3.7%
(As of Oct. 31, 2009)
(Source: Finance Department, Business Tax Branch)
       

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

 

 

 

Number of New Building Permits

2

3

-33.3%

Value of New Building Permits

10.6

24.3

-56.4%

(Source: Office of Code Enforcement)

 

 

 

 

Residential Real Estate Indicators(YTD ending Oct. 31, 2009)

 

 

 

Residential Dwelling Units Sold 

       1,607

       1,552

+3.5%

Average Residential Sale Price 

$438,485

$464,995

  -5.7%

(Source: Department of Real Estate Assessments)
     
Foreclosures
3 month trailing Average
28 41 -31.7%
(As of Oct. 31, 2009)
(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.