Online Reference 1: Selected Economic Indicators for September 2010
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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.
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Current Year
|
Prior Year
|
Change on
Previous Year
|
Consumer Price Index (CPI-U) for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area (As of September 2010)
|
-- |
-- |
1.3%
|
| For the United States (As of September 2010) |
-- |
-- |
1.1% |
| Core CPI-U (excludes food and energy) |
-- |
-- |
0.9%
|
(As of September 2010) (Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics)
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Current Month |
Prior Month |
Prior Year |
Unemployment Rates
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Alexandria (As of August 2010)
|
5.0%
|
4.9%
|
5.0%
|
Virginia (As of September 2010)
|
6.8%
|
6.9%
|
6.8%
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United States (As of September 2010)
|
9.6%
|
9.6%
|
9.8%
|
(Source: United States Department of Labor, Bureau of Labor Statistics)
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Current Quarter |
Prior Quarter |
Prior Year |
Office Vacancy Rates
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Alexandria
|
10.9%
|
11.3%
|
11.0% |
Northern Virginia
|
12.7%
|
12.5%
|
12.7%
|
Washington DC Metro Area
|
11.4%
|
11.9%
|
12.4%
|
(As of 3rd quarter 2010) (Source: CoStar)
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Current Year |
Prior Year |
Change on
Previous Year |
New Business Licenses
3 month trailing average
|
72 |
64 |
12.5% |
(As of September 2010) (Source: Finance Department) |
| |
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New Commercial Construction
(Fiscal YTD as of September 2010)
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|
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Number of New Building Permits
|
0 |
2
|
-100.0%
|
Value of New Building Permits
|
0
|
$10.6
|
-100.0%
|
(Source: Office of Code Enforcement)
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Residential Real Estate Indicators(Calendar YTD ending September 2010)
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|
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Residential Dwelling Units Sold
|
1,446
|
1,430
|
1.1%
|
Average Residential Sales Price
|
$454,650
|
$442,351
|
2.8%
|
| (Source: Department of Real Estate Assessments) |
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|
|
Foreclosures
3 month trailing Average |
29 |
27 |
7.4% |
(As of September 2010) (Source: Department of Real Estate Assessments) |