Average Price: Utility (Piped) Gas per Therm in the South Census Region - Urban
APU030072620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.93
Year-over-Year Change
14.26%
Date Range
11/1/1978 - 6/1/2025
Summary
This economic trend measures the average price of utility (piped) gas per therm in the South Census Region of the United States, specifically for urban areas. This metric is a key indicator of energy costs and consumer spending patterns in the southern region.
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 per Therm in the South Census Region - Urban trend provides insights into the costs of a vital household and commercial energy source. It is used by economists, policymakers, and industry analysts to understand regional energy market dynamics and consumer behavior.
Methodology
The data is collected through surveys of utility companies and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for assessing the impact of energy prices on consumer spending, inflation, and regional economic conditions.
Key Facts
- The South Census Region includes AL, AR, FL, GA, KY, LA, MS, NC, OK, SC, TN, TX, VA, and WV.
- Natural gas is a major heating and cooking fuel for many households in the southern U.S.
- Utility gas prices can impact the cost of living and consumer purchasing power in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of utility (piped) gas per therm in the South Census Region of the United States, specifically for urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into regional energy costs, which can impact consumer spending, inflation, and overall economic conditions in the southern U.S.
Q: How is this data collected or calculated?
A: The data is collected through surveys of utility companies and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and industry analysts to understand regional energy market dynamics and their impact on consumer behavior and the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a short delay in availability compared to the reference period.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in the South Census Region - Urban (APU030072620), retrieved from FRED.