Average Price: Utility (Piped) Gas per Therm in the Northeast Census Region - Size Class C
This dataset tracks average price: utility (piped) gas per therm in the northeast census region - size class c over time.
Latest Value
0.76
Year-over-Year Change
1.06%
Date Range
11/1/1978 - 12/1/1997
Summary
This trend measures the average price of utility (piped) gas per therm in the Northeast Census Region for size class C consumers. It provides insight into energy costs and price dynamics for a key household 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 per Therm in the Northeast Census Region - Size Class C tracks the retail price paid by medium-sized residential and commercial consumers of natural gas in the Northeast U.S. This metric is used to analyze regional energy price trends and cost-of-living dynamics.
Methodology
The data is collected through surveys of natural gas providers and distributors by the U.S. Energy Information Administration.
Historical Context
This price trend is relevant for policymakers, economists, and consumers monitoring residential and commercial energy costs in the Northeast.
Key Facts
- The Northeast region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Size class C refers to medium-sized residential and commercial consumers.
- Piped natural gas is a major heating and energy source for homes and businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid per therm of utility (piped) natural gas by medium-sized residential and commercial consumers in the Northeast U.S. Census region.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides insight into energy costs and cost-of-living dynamics for a key household and commercial energy source in the Northeast region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas providers and distributors by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This price trend is used by policymakers, economists, and consumers to monitor residential and commercial energy costs in the Northeast region.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in the Northeast Census Region - Size Class C (APUC10072620), retrieved from FRED.