Selected Economic Indicators for April 2010

Current Year

Prior Year

Percent Change

Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area (As of March 2010)

  2.6%

 0.9%

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

Unemployment Rates  

Alexandria (As of March 2010)

  5.4%

5.4%

4.8%

Virginia (As of April 2010)

  7.2%

7.3%

6.4%

United States (As of April 2010)

   9.9%

 9.7%

8.9%

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

Office Vacancy Rates 

  Alexandria

17.6%

  16.3%

  Northern Virginia

16.6%

 16.3%

15.2%

  Washington DC Metro Area

15.7%

 15.4%

13.5%

(As of 1st quarter 2010)
(Source: Grubb & Ellis)

New Business Licenses  
3 month trailing average

New Commercial Construction
(Fiscal YTD as of April 2010)

Number of New Building Permits

         6

   -33.3%

Value of New Building Permits 

23.5

    139.1

    -83.1%

(Source: Office of Code Enforcement)

Residential Real Estate Indicators(YTD ending April 2010)

Residential Dwelling Units Sold 

           547

          497

     10.1%

Average Residential Sales Price 

$410,853

$411,225

     -0.1%