Average Price: Utility (Piped) Gas per Therm in City - Size Class C
APUC00072620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
3.74%
Date Range
1/1/1987 - 12/1/1997
Summary
This trend measures the average price of utility (piped) gas per therm in U.S. cities for commercial-sized consumers. It provides valuable insights into energy costs and market dynamics for businesses and policymakers.
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 City - Size Class C data series tracks the average retail price of natural gas for commercial customers in U.S. metropolitan areas. This metric is used to analyze trends in energy prices and the impacts on commercial activity and operations.
Methodology
The data is collected through surveys of gas utility companies by the U.S. Energy Information Administration.
Historical Context
This economic indicator is closely monitored by businesses, industry analysts, and policymakers to assess the state of energy markets and cost pressures facing the commercial sector.
Key Facts
- Natural gas is a major input cost for many businesses.
- This data tracks prices for medium-sized commercial consumers.
- Prices can vary significantly by region and city.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of utility (piped) natural gas per therm for commercial-sized consumers in U.S. metropolitan areas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into energy costs facing businesses and is closely watched by analysts, policymakers, and industry stakeholders to assess market conditions and pressures on commercial activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas utility companies by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and regulators monitor this metric to understand energy price dynamics and their impacts on the commercial sector and broader economic activity.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag. Regional variations and changes in utility pricing structures may impact the consistency of the metric over time.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in City - Size Class C (APUC00072620), retrieved from FRED.