Average Price: Utility (Piped) Gas - 100 Therms in Los Angeles-Riverside-Orange County, CA (CBSA)
APUA42172611 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.33
Year-over-Year Change
20.94%
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 Los Angeles-Riverside-Orange County, CA metropolitan area. It provides insight into the cost of a key household and industrial energy source.
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 Los Angeles-Riverside-Orange County, CA (CBSA) trend tracks the average price paid by consumers and businesses for 100 therms of natural gas delivered through local utility pipelines. This data point is used by policymakers, analysts, and economists to monitor energy costs and assess the impact on households and the broader economy.
Methodology
The data is collected through surveys of local utility providers.
Historical Context
This trend is relevant for understanding energy costs and their effect on consumer spending, business operations, and economic conditions.
Key Facts
- The average price is reported in U.S. dollars per 100 therms.
- Prices can fluctuate based on factors like supply, demand, and regulatory changes.
- Utility gas is a major expense for many households and businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid for 100 therms of utility (piped) gas in the Los Angeles-Riverside-Orange County, CA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into energy costs, which are a significant expense for households and businesses. It can inform economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local utility providers in the Los Angeles-Riverside-Orange County, CA metropolitan area.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and analysts to monitor energy costs and assess their impact on consumer spending, business operations, and broader economic conditions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the trend only covers the Los Angeles-Riverside-Orange County, CA metropolitan area.
Related Trends
Average Price: Coffee, Instant, Plain, Regular, 6.1-14 Ounces (Cost per 16 Ounces/453.6 Grams) in U.S. City Average
APU0000717324
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class B/C
APUN10074714
Average Price: Apple Sauce, Any Variety, All Sizes (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200713311
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Atlanta-Sandy Springs-Roswell, GA (CBSA)
APUS35C74714
PADD I (East Coast District) Premium Conventional Gas Price
GASPRMCOVECW
Average Price: Cucumbers (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200712409
Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in Los Angeles-Riverside-Orange County, CA (CBSA) (APUA42172611), retrieved from FRED.