Average Price: Utility (Piped) Gas per Therm in the South Atlantic Census Division
APU035072620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.87
Year-over-Year Change
2.35%
Date Range
1/1/2018 - 12/1/2024
Summary
This economic trend tracks the average price of utility (piped) gas per therm in the South Atlantic Census Division. It is a key indicator of energy costs and market conditions in the 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 Atlantic Census Division measures the average price paid by consumers for natural gas delivered through pipelines in the South Atlantic states. This metric is used by policymakers, analysts, and businesses to monitor energy costs and assess the state of the regional natural gas market.
Methodology
The U.S. Energy Information Administration collects this data through surveys of natural gas utility companies.
Historical Context
Trends in regional natural gas prices are relevant for understanding inflation, consumer spending, and energy policy.
Key Facts
- The South Atlantic region includes Florida, Georgia, North Carolina, South Carolina, Virginia, and West Virginia.
- Natural gas is a major energy source for heating, electricity generation, and industrial processes in the region.
- Prices can fluctuate seasonally and based on supply, demand, and regulatory factors.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average price paid by consumers for natural gas delivered through pipelines in the South Atlantic Census Division.
Q: Why is this trend relevant for users or analysts?
A: Trends in regional natural gas prices provide insight into energy costs, consumer spending, and the state of the local energy market.
Q: How is this data collected or calculated?
A: The U.S. Energy Information Administration collects this data through surveys of natural gas utility companies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor energy costs, assess inflation, and inform energy policy decisions.
Q: Are there update delays or limitations?
A: There may be a short delay in data reporting, and the metric only covers the South Atlantic region.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in the South Atlantic Census Division (APU035072620), retrieved from FRED.