Average Price: Utility (Piped) Gas - 100 Therms in Kansas City, MO-KS (CBSA)
This dataset tracks average price: utility (piped) gas - 100 therms in kansas city, mo-ks (cbsa) over time.
Latest Value
43.93
Year-over-Year Change
1.03%
Date Range
11/1/1978 - 12/1/1986
Summary
This economic trend tracks the average price of 100 therms of utility (piped) gas in the Kansas City metropolitan area. It provides insight into residential energy costs, a key component of household budgets and consumer price indices.
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 Kansas City, MO-KS (CBSA) series measures the typical price paid by households for 100 units of natural gas delivered through pipes in the Kansas City, Missouri-Kansas City, Kansas metropolitan area. This data point is widely used to analyze regional energy affordability and consumer price trends.
Methodology
The data is collected through surveys of utility providers in the Kansas City metropolitan statistical area.
Historical Context
Policymakers and market analysts monitor this trend to understand residential energy expenditures and their impact on the local economy.
Key Facts
- The series began reporting data in 1970.
- Prices are reported on a monthly basis.
- Kansas City is a major Midwest metropolitan area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by households in the Kansas City metropolitan area for 100 therms of utility (piped) natural gas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into residential energy costs, which are a significant component of household budgets and consumer price indices. It is used by policymakers and market analysts to monitor energy affordability in the Kansas City region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of utility providers in the Kansas City metropolitan statistical area.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to understand the impact of residential energy expenditures on the local economy and cost of living.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in Kansas City, MO-KS (CBSA) (APUA21472611), retrieved from FRED.