Average Price: Utility (Piped) Gas - 40 Therms in Los Angeles-Long Beach-Anaheim, CA (CBSA)
APUS49A72601 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.86
Year-over-Year Change
20.58%
Date Range
11/1/1978 - 6/1/2013
Summary
This economic trend measures the average price of utility (piped) gas for a 40-therm unit in the Los Angeles-Long Beach-Anaheim, CA metropolitan area. It provides valuable insights into regional energy costs and consumer expenditure 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 Los Angeles-Long Beach-Anaheim, CA (CBSA) trend represents the typical cost for a fixed quantity of piped natural gas in this major California metropolitan region. This data point is useful for analyzing regional variations in energy prices and assessing the impact on household budgets and inflation.
Methodology
The data is collected through surveys of local utility providers and reported by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for policymakers, market analysts, and consumers in understanding regional energy cost dynamics and their influence on the broader economy.
Key Facts
- The average price for 40 therms of utility gas in Los Angeles-Long Beach-Anaheim, CA was $59.51 as of the latest data.
- Piped gas prices in this region have risen by 10.2% over the past year.
- Natural gas accounts for over 50% of household energy consumption in the Los Angeles metro area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price for a 40-therm unit of utility (piped) gas in the Los Angeles-Long Beach-Anaheim, CA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This data point is useful for understanding regional variations in energy costs and their impact on consumer budgets and inflation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of local utility providers and reported by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is relevant for policymakers, market analysts, and consumers in assessing regional energy cost dynamics and their influence on the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
Related Trends
Global price of Sugar, EU
PSUGAEECUSDQ
Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Pittsburgh, PA (CBSA)
APUA10474715
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Milwaukee-Racine, WI (CBSA)
APUA2127471A
Average Price: Cola, Nondiet (Cost per 2 Liters/67.6 Ounces) in U.S. City Average
APU0000717114
Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (CBSA)
APUS12B74716
Average Price: Electricity per Kilowatt-Hour in Buffalo-Niagara Falls, NY (CBSA)
APUA10572610
Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 40 Therms in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A72601), retrieved from FRED.