Online Reference 1:  Selected Economic Indicators for August 2010

Current Year

Prior Year

Change on
Previous Year

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

  0.8%

   0.9%

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

Unemployment Rates  

Alexandria (As of July 2010)

  4.9%

4.8%

4.9%

Virginia (As of August 2010)

  7.0%

6.9%

6.9%

United States (As of August 2010)

   9.6%

 9.5%

9.7%

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

Office Availability Rates 

  Alexandria

16.3%

  17.6%

  Northern Virginia

16.0%

 16.6%

15.5%

  Washington DC Metro Area

15.2%

 15.7%

14.2%

(As of 2nd quarter 2010)
(Source: Grubb & Ellis)

New Business Licenses  
3 month trailing average

New Commercial Construction
(Fiscal YTD as of August 2010)

Number of New Building Permits

           2

    -100.0%

Value of New Building Permits 

      0

   $10.6

    -100.0%

(Source: Office of Code Enforcement)

Residential Real Estate Indicators(YTD ending August 2010)

Residential Dwelling Units Sold 

        1,329

          1,293

       2.8%

Average Residential Sales Price 

$453,244

   $440,462

       2.9%