Online Reference 1: Selected Economic Indicators
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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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Change on
Previous Year |
Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area (As of March 2012) |
-- |
-- |
3.2% |
| For the United States (As of March 2012) |
-- |
-- |
2.7% |
| Core CPI-U (excludes food and energy) |
-- |
-- |
2.3% |
(As of March 2012)
(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 February 2011) |
5.0% |
5.0% |
4.7% |
| Virginia (As of February 2012) |
5.7% |
5.8% |
6.4% |
| United States (As of March 2012) |
8.2% |
8.3% |
8.8% |
| (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 |
14.4% |
13.9% |
12.1% |
| Northern Virginia |
13.9% |
13.3% |
12.9% |
| Washington DC Metro Area |
12.2% |
11.7% |
11.5% |
(As of 1st quarter 2012)
(Source: CoStar) |
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Current Year |
Prior Year |
Change on
Previous Year |
New Business Licenses
3 month trailing average |
71 |
60 |
18.3%
|
(As of March 2012)
(Source: Finance Department) |
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New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of February 2012) |
|
| Number of New Building Permits |
3 |
1 |
200.0% |
Value of New Building Permits
($ millions) |
$30.1 |
$0.3 |
9933.3% |
| (Source: Office of Code Administration) |
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New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of February 2012) |
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| Number of New Building Permits |
61 |
28 |
117.9% |
Value of New Building Permits
($ millions) |
$123.7 |
$40.0 |
209.3% |
(Source: Office of Code Administration)
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Residential Real Estate Indicators
(Calendar YTD ending February 2012) |
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| Residential Dwelling Units Sold |
200 |
205 |
-2.4% |
Median Residential Sales Price
(As of January 2012) |
$466,500 |
$393,000 |
18.7% |
| (Source: Department of Real Estate Assessments) |
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Foreclosures
3 month trailing Average |
27 |
20 |
35.0% |
(As of February 2012)
(Source: Department of Real Estate Assessments) |
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