Average Price: Utility (Piped) Gas - 100 Therms in Milwaukee-Racine, WI (CBSA)
This dataset tracks average price: utility (piped) gas - 100 therms in milwaukee-racine, wi (cbsa) over time.
Latest Value
60.06
Year-over-Year Change
-3.85%
Date Range
11/1/1978 - 12/1/1986
Summary
This economic trend tracks the average price of utility (piped) gas for 100 therms in the Milwaukee-Racine, WI metropolitan area. It provides insight into residential energy costs and consumer spending 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 Milwaukee-Racine, WI (CBSA) trend represents the typical price households in this region pay for 100 units of natural gas delivered through pipes. This metric is used by economists and policymakers to analyze regional variations in residential energy expenditures.
Methodology
The data is collected through surveys of utility companies and households in the Milwaukee-Racine metropolitan area.
Historical Context
This price trend is relevant for understanding consumer inflation, household budgets, and the impacts of energy policy in the region.
Key Facts
- Prices are reported for 100 therms of utility gas.
- The Milwaukee-Racine, WI metro area is the geographic focus.
- This trend can signal changes in regional consumer inflation.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average price households in the Milwaukee-Racine, WI metropolitan area pay for 100 therms of utility (piped) natural gas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into regional variations in residential energy costs, which is important for understanding consumer spending patterns and the impact of energy policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of utility companies and households in the Milwaukee-Racine metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze the impacts of energy costs on household budgets and regional consumer inflation.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be lags in reporting from utility companies.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in Milwaukee-Racine, WI (CBSA) (APUA21272611), retrieved from FRED.