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.
| | | | Change on
Previous Year |
Consumer Price Index (CPI-U)
for the Washington‑Baltimore,
DC‑MD‑VA‑WV Area (As of November 2012) | -- | -- | 2.1% |
| For the United States (As of December 2012) | -- | -- | 1.7% |
| Core CPI-U (excludes food and energy) | -- | -- | 1.9% |
(As of December 2012)
(Source: Published bi-monthly by United States Department of Labor, Bureau of Labor Statistics) |
| | | | |
| | Current Month | Prior Month | Prior Year |
| Unemployment Rates | | | |
| Alexandria (As of November 2012) | 4.0% | 4.2% | 4.3% |
| Virginia (As of November 2012) | 5.6% | 5.7% | 6.2% |
| United States (As of December 2012) | 7.8% | 7.7% | 8.5% |
| (Source: United States Department of Labor, Bureau of Labor Statistics) |
| | | | |
| | Current Quarter | Prior Quarter | Prior Year |
| Office Vacancy Rates | | | |
| Alexandria | 15.3% | 15.1% | 14.1% |
| Northern Virginia | 14.9% | 14.0% | 13.4% |
| Washington DC Metro Area | 12.6% | 12.4% | 11.6% |
(As of 4th quarter 2012)
(Source: CoStar) | | | |
| | | | |
| | Current Year | Prior Year | Change on
Previous Year |
New Business Licenses
3 month trailing average | 55 | 58 | -5.2% |
(As of December 2012)
(Source: Finance Department) |
| | | | |
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of October 2012) | |
| Number of New Building Permits | 0 | 1 | -100.0% |
Value of New Building Permits
($ millions) | $0.0 | $16.6 | -100.0% |
| (Source: Office of Code Administration) |
| | | | |
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of October 2012) | | |
| Number of New Building Permits | 1 | 8 | -87.5% |
Value of New Building Permits
($ millions) | $29.5 | $70.2 | -58.0% |
(Source: Office of Code Administration)
| | |
| | | | |
| Residential Real Estate Indicators | | | |
Residential Dwelling Units Sold
(Calendar YTD ending November 2012) | 1,739 | 1,594 | 9.1% |
Median Residential Sales Price
(As of November 2012) | $440,000 | $485,000 | -10.2% |
| (Source: Department of Real Estate Assessments) |
| | | | |
Foreclosures
3 month trailing Average | 12 | 16 | -25.0% |
(As of November 2012)
(Source: Department of Real Estate Assessments) |
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