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 May 2012) |
-- |
-- |
1.8% |
| For the United States (As of May 2012) |
-- |
-- |
1.7% |
| Core CPI-U (excludes food and energy) |
-- |
-- |
2.3% |
(As of May 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 May 2012) |
4.2% |
4.2% |
4.5% |
| Virginia (As of June 2012) |
5.6% |
5.6% |
6.0% |
| United States (As of June 2012) |
8.2% |
8.2% |
9.2% |
| (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 |
72 |
68 |
5.9% |
(As of June 2012) (Source: Finance Department) |
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New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of May 2012) |
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| Number of New Building Permits |
3 |
4 |
-25.0% |
Value of New Building Permits ($ millions) |
$30.1 |
$7.2 |
318.1% |
| (Source: Office of Code Administration) |
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New Multi-Family Construction (including apartment and condominium buildings) (Fiscal YTD as of May 2012) |
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| Number of New Building Permits |
61 |
58 |
5.2% |
Value of New Building Permits ($ millions) |
$123.7 |
$40.0 |
209.3% |
(Source: Office of Code Administration)
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Residential Real Estate Indicators (Calendar YTD ending May 2012) |
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| Residential Dwelling Units Sold |
758 |
686 |
10.5% |
Median Residential Sales Price (As of May 2012) |
$531,000 |
$493,000 |
7.7% |
| (Source: Department of Real Estate Assessments) |
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Foreclosures
3 month trailing Average |
67 |
57 |
17.5% |
(As of May 2012) (Source: Department of Real Estate Assessments) |