Average Price: Utility (Piped) Gas - 100 Therms in Size Class A
APUS00072611 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.04
Year-over-Year Change
12.78%
Date Range
1/1/1987 - 6/1/2013
Summary
This economic trend measures the average price of utility (piped) gas for a 100-therm purchase in size class A. It is a key indicator of natural gas costs for residential and commercial consumers.
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 Size Class A series tracks the national average price paid by customers for a 100-therm purchase of natural gas delivered through pipelines. This metric is widely used to understand trends in domestic energy costs and the broader cost of living.
Methodology
The data is collected through surveys of natural gas utilities and distributors across the United States.
Historical Context
This economic indicator is closely monitored by policymakers, analysts, and consumers to assess the state of the natural gas market and its impacts on households and businesses.
Key Facts
- Natural gas is a major heating and power source for millions of American homes and businesses.
- Prices can fluctuate due to factors like supply, demand, and geopolitical events.
- This metric helps track the affordability of a key household and commercial expense.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by customers for a 100-therm purchase of natural gas delivered through pipelines across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used to understand trends in domestic energy costs and the broader cost of living, making it relevant for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas utilities and distributors across the United States.
Q: How is this trend used in economic policy?
A: This economic indicator is closely monitored by policymakers to assess the state of the natural gas market and its impacts on households and businesses.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in Size Class A (APUS00072611), retrieved from FRED.