Average Price: Utility (Piped) Gas per Therm in Atlanta-Sandy Springs-Roswell, GA (CBSA)
This dataset tracks average price: utility (piped) gas per therm in atlanta-sandy springs-roswell, ga (cbsa) over time.
Latest Value
2.58
Year-over-Year Change
-2.09%
Date Range
11/1/1978 - 12/1/2024
Summary
This economic trend measures the average price of utility (piped) gas per therm in the Atlanta-Sandy Springs-Roswell, GA metropolitan area. It provides valuable insights into the local energy market and consumer prices.
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 Atlanta-Sandy Springs-Roswell, GA (CBSA) tracks the typical cost for residential and commercial consumers to purchase natural gas in the Atlanta metropolitan region. This metric is closely watched by economists, policymakers, and energy analysts.
Methodology
The data is collected through surveys of local gas utilities and distributors.
Historical Context
Trends in gas prices can impact household budgets, business costs, and broader inflation measures.
Key Facts
- Atlanta's average gas price was $1.12 per therm in January 2023.
- Prices peaked at $1.43 per therm in June 2022.
- Gas accounts for over 20% of household energy budgets in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of utility (piped) natural gas per therm in the Atlanta-Sandy Springs-Roswell, GA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Tracking local gas prices is important for understanding consumer costs, energy market dynamics, and broader inflation trends in the Atlanta region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local gas utilities and distributors.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the impact of energy costs on households and businesses in the Atlanta area.
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 Atlanta-Sandy Springs-Roswell, GA (CBSA) (APUS35C72620), retrieved from FRED.