Average Price: Utility (Piped) Gas per Therm in Washington-Arlington-Alexandria, DC-VA-MD-WV (CBSA)
APUS35A72620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
1.89%
Date Range
11/1/1978 - 12/1/2024
Summary
This economic trend measures the average price of utility (piped) gas per therm in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. It is an important indicator of energy costs and consumer price pressures in the region.
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 Washington-Arlington-Alexandria, DC-VA-MD-WV (CBSA) measures the average retail price paid by consumers for natural gas delivered through pipelines in this major metropolitan area. This data point is closely watched by economists and policymakers as it reflects broader energy and cost-of-living trends.
Methodology
The data is collected through surveys of utility companies and gas retailers in the region.
Historical Context
This gas price trend is used to inform energy policy, consumer inflation analysis, and regional economic assessments.
Key Facts
- Washington-Arlington-Alexandria is the 6th largest metro area in the U.S.
- Natural gas accounts for over 30% of home heating in the region.
- Utility gas prices have risen over 20% in the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for natural gas delivered through pipelines in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This gas price data is closely watched as an indicator of energy costs and broader consumer price pressures in a major U.S. metropolitan region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of utility companies and gas retailers in the Washington-Arlington-Alexandria metropolitan area.
Q: How is this trend used in economic policy?
A: This gas price trend is used to inform energy policy, consumer inflation analysis, and regional economic assessments by government, industry, and research institutions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks to allow for survey collection and processing.
Related Trends
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class A
APUS00074714
Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100FD2101
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class D
APUD4007471A
PADD II (Midwest District) Midgrade All Formulations Gas Price
GASMIDMWW
Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Urban
APU010074717
Average Price: Peaches, Any Variety, All Sizes (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000713312
Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in Washington-Arlington-Alexandria, DC-VA-MD-WV (CBSA) (APUS35A72620), retrieved from FRED.