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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jun 8, 2010 11:13 AM
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Selected Economic Indicators for February 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 Feb. 2010) -- --    2.1% 
Core CPI-U (excludes food and energy) -- --  1.3%

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

 

 

 

 

  Current Year Prior Month Prior Year

Unemployment Rates  

 

 

 

Alexandria (As of Jan. 2010)

  5.3%

4.8%

4.4%

Virginia (As of Feb. 2010)

  7.2%

6.9%

5.2%

United States (As of Feb. 2010)

   9.7%

 9.7%

8.1%

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

     
Current Year Prior Quarter Prior Year

Office Vacancy Rates 

 

 

 

  Alexandria

16.3%

  16.2%

 8.0%

  Northern Virginia

16.3%

 16.0%

14.6%

  Washington DC Metro Area

15.4%

 14.9%

12.5%

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

 

 

 

 

 

 

 

  Current Year Prior Year Percent Change

New Business Licenses  
3 month trailing average

68 75 -9.3%
(As of Feb. 2010)
(Source: Finance Department)
       

New Commercial Construction
(Fiscal YTD as of Feb. 2010)

 

 

 

Number of New Building Permits

      4

      4

   0.0%

Value of New Building Permits 

22.6

    58

-61.0%

(Source: Office of Code Enforcement)

 

 

 

 

Residential Real Estate Indicators(YTD ending Feb. 2010)

 

 

 

Residential Dwelling Units Sold 

           204

          183

   11.5%

Average Residential Sales Price 

$404,382

$390,740

     3.5%

(Source: Department of Real Estate Assessments)
     
Foreclosures
3 month trailing Average
23 29 -20.7%
(As of February 2010)
(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.