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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Feb 6, 2014 1:35 PM
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Online Reference 1: Selected Economic Indicators

View Economic Indicator Charts
Back to March Financial Report  

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 March 2013)
-- -- 1.4%
For the United States (As of March 2013) -- -- 1.5%
Core CPI-U (excludes food and energy)  -- -- 1.9%
(As of March 2013)
(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 February 2013) 4.5% 4.9% 5.0%
Virginia (As of February 2013) 5.6% 5.6% 5.9%
United States (As of March 2013) 7.6% 7.7% 8.3%
(Source: United States Department of Labor, Bureau of Labor Statistics) 
       
  Current Quarter  Prior Quarter  Prior Year 
Office Vacancy Rates       
Alexandria  16.2% 15.8% 15.6%
Northern Virginia  15.0% 14.9% 14.0%
Washington DC Metro Area  12.9% 12.7% 12.1%
(As of 1st quarter 2013)
(Source: CoStar) 
     
       
  Current Year  Prior Year  Change on
Previous Year
 
New Business Licenses
3 month trailing average
83 71 16.9%
(As of March 2013)
(Source: Finance Department) 
       
New Commercial Construction (excluding apartment buildings) and Building Renovations
(Fiscal YTD as of March 2013)
 
Number of New Building Permits  8 3 166.7%
Value of New Building Permits
($ millions) 
$21.8 $30.1 -27.6%
(Source: Office of Code Administration) 
       
New Multi-Family Construction (including apartment and condominium buildings)
(Fiscal YTD as of March 2013)
   
Number of New Building Permits  14 61 -77.0%
Value of New Building Permits
($ millions) 
$74.4 $123.7 -39.9%
(Source: Office of Code Administration)
 
   
       
Residential Real Estate Indicators       
Residential Dwelling Units Sold
(Calendar YTD ending February 2013)
255 200 27.5%
Median Residential Sales Price
(As of February 2013)
$445,500 $466,500 -4.5%
(Source: Department of Real Estate Assessments) 
       
Foreclosures
3 month trailing Average
8 13 -38.5%
(As of February 2013)
(Source: Department of Real Estate Assessments) 

 

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301 King St.
Alexandria, VA 22314
703.746.3900
Fax: 703.838.4987
E-mail

Office Hours:
Monday - Friday
8 a.m. - 5 p.m.