Average Price: Utility (Piped) Gas - 40 Therms in Size Class D
APUD00072601 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.55
Year-over-Year Change
3.65%
Date Range
1/1/1987 - 6/1/2013
Summary
The 'Average Price: Utility (Piped) Gas - 40 Therms in Size Class D' trend measures the average price paid for 40 therms of utility (piped) gas, providing insight into residential energy costs.
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
This economic indicator tracks the average price paid by consumers for a standardized quantity of utility (piped) natural gas, which is a key household energy source. The data is used by policymakers and analysts to monitor trends in residential energy expenditures.
Methodology
The data is collected through surveys of utility companies by the U.S. Energy Information Administration.
Historical Context
Tracking this metric helps assess the affordability of residential energy and can inform policy decisions related to energy prices and consumer costs.
Key Facts
- The data is reported monthly.
- Prices are tracked for a 40-therm quantity, a common residential usage level.
- Size Class D represents the smallest residential consumers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by consumers for 40 therms of utility (piped) natural gas, a key household energy source.
Q: Why is this trend relevant for users or analysts?
A: Tracking this metric helps assess the affordability of residential energy and can inform policy decisions related to energy prices and consumer costs.
Q: How is this data collected or calculated?
A: The data is collected through surveys of utility companies by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to monitor trends in residential energy expenditures and inform decisions related to energy prices and consumer costs.
Q: Are there update delays or limitations?
A: The data is reported monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 40 Therms in Size Class D (APUD00072601), retrieved from FRED.