Average Price: Utility (Piped) Gas - 100 Therms in the South Census Region - Urban
APU030072611 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.04
Year-over-Year Change
16.35%
Date Range
11/1/1978 - 6/1/2013
Summary
This economic trend measures the average price of 100 therms of utility (piped) gas in the South Census Region of the United States for urban areas. It provides important insights into regional energy costs and consumption patterns.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Average Price: Utility (Piped) Gas - 100 Therms in the South Census Region - Urban metric tracks the typical price paid by consumers for a standardized quantity of natural gas in a specific geographic area. This data is a key indicator of regional energy market dynamics and can inform policy decisions.
Methodology
The U.S. Bureau of Labor Statistics collects this data through consumer price surveys.
Historical Context
Policymakers and energy analysts use this trend to monitor regional natural gas affordability and demand.
Key Facts
- The South Census Region includes Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
- Natural gas is a major energy source for heating, electricity generation, and industrial processes.
- Utility (piped) gas refers to natural gas delivered through a centralized distribution network.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by consumers for 100 therms of utility (piped) natural gas in the South Census Region of the United States for urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into regional energy costs and consumption patterns, which can inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through consumer price surveys.
Q: How is this trend used in economic policy?
A: Policymakers and energy analysts use this trend to monitor regional natural gas affordability and demand, which can inform energy policy and market interventions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions based on updated survey information.
Similar APU Trends
PADD I (East Coast District) Midgrade All Formulations Gas Price
GASMIDECW
Average Price: Electricity per Kilowatt-Hour in Buffalo-Niagara Falls, NY (CBSA)
APUA10572610
Average Price: Peaches (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100711414
Average Price: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100702221
Average Price: Utility (Piped) Gas - 40 Therms in the West Census Region - Size Class B
APUB40072601
Average Price: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400712311
Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in the South Census Region - Urban (APU030072611), retrieved from FRED.