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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jun 8, 2010 11:22 AM
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Selected Economic Indicators for January 2010

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
 (As of Jan. 2010)

-- --

  2.6%

For the United States (As of Jan. 2010) -- --    2.6% 
Core CPI-U (excludes food and energy) -- --  1.6%

(As of Jan. 2010)
(Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics)

 

 

 

 

Unemployment Rates  

 

 

 

Alexandria (As of Dec. 2009)

  4.8%

3.6%

--

Virginia (As of Dec. 2009)

  6.9%

5.0%

--

United States (As of Jan. 2010)

   9.7%

 7.2%

--

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

     

Office Vacancy Rates 

 

 

 

  Alexandria

16.3%

  8.0%

--

  Northern Virginia

16.3%

14.6%

--

  Washington DC Metro Area

15.4%

12.5%

--

(As of 4th quarter 2009)
(Source: Grubb & Ellis)

 

 

 

 

 

 

 

New Business Licenses  
3 month trailing average

63 69 -8.7%
(As of Jan. 2010)
(Source: Finance Department)
       

New Commercial Construction
(Fiscal YTD as of Dec. 2009)

 

 

 

Number of New Building Permits

      2

      4

-50.0%

Value of New Building Permits 

10.6

    58

-81.7%

(Source: Office of Code Enforcement)

 

 

 

 

Residential Real Estate Indicators(YTD ending December 2009)

 

 

 

Residential Dwelling Units Sold 

           1,902    

            1,768    

   7.6%

Average Residential Sales Price 

$438,766

$463,527

  -5.3%

(Source: Department of Real Estate Assessments)
     
Foreclosures
3 month trailing Average
24 31 -22.6%
(As of December 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.