Average Price: Utility (Piped) Gas - 40 Therms in Houston-The Woodlands-Sugar Land, TX (CBSA)
APUS37B72601 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.96
Year-over-Year Change
32.82%
Date Range
8/1/1979 - 6/1/2013
Summary
This economic trend measures the average price of utility (piped) gas for a 40-therm unit in the Houston-The Woodlands-Sugar Land, TX metropolitan area. It provides important insights into local energy costs and consumer spending patterns.
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 - 40 Therms in Houston-The Woodlands-Sugar Land, TX (CBSA) trend tracks the typical cost of natural gas for residential and small commercial customers in the Houston metropolitan region. It is a key indicator of living expenses and a factor in the overall cost of living analysis.
Methodology
The data is collected through surveys of local utility providers and end-user customers.
Historical Context
This trend is used by policymakers, economists, and market analysts to understand regional energy price dynamics and their impact on consumer behavior and the broader economy.
Key Facts
- The data is reported on a monthly basis.
- Prices are shown in U.S. dollars per 40 therms of natural gas.
- Houston is the largest city in Texas and the fourth-largest in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of utility (piped) gas for a 40-therm unit in the Houston-The Woodlands-Sugar Land, TX metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into local energy costs and consumer spending patterns, which are key factors in understanding the regional economy and cost of living.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local utility providers and end-user customers.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to understand regional energy price dynamics and their impact on consumer behavior and the broader economy.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 40 Therms in Houston-The Woodlands-Sugar Land, TX (CBSA) (APUS37B72601), retrieved from FRED.