Average Price: Utility (Piped) Gas per Therm in the Northeast Census Region - Size Class B/C
APUN10072620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.51
Year-over-Year Change
13.79%
Date Range
1/1/1998 - 12/1/2024
Summary
This economic trend measures the average price of utility (piped) gas per therm in the Northeast Census Region for size class B/C customers. It provides important insights into regional energy costs and consumer spending.
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 B/C tracks the price of natural gas for residential and commercial customers in the Northeast. This metric is used by policymakers, analysts, and businesses to understand regional energy market dynamics and household/commercial expenditures.
Methodology
The data is collected through surveys of natural gas utilities by the U.S. Energy Information Administration.
Historical Context
This economic indicator informs energy policy and market analysis for the Northeast region.
Key Facts
- The Northeast is the most populous U.S. Census region.
- Size class B/C covers small commercial and residential customers.
- Natural gas is a major heating fuel in the Northeast.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of utility (piped) natural gas per therm for small commercial and residential customers in the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into regional energy costs and consumer/commercial spending patterns, which is valuable for policymakers, economists, and businesses operating in the Northeast.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas utilities by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: This metric informs energy policy and market analysis for the Northeast region, helping to guide decisions around infrastructure, pricing, and energy assistance programs.
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 B/C (APUN10072620), retrieved from FRED.