Average Price: Utility (Piped) Gas - 40 Therms in San Francisco-Oakland-Hayward, CA (CBSA)
APUS49B72601 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.75
Year-over-Year Change
-0.73%
Date Range
11/1/1978 - 6/1/2013
Summary
This economic trend measures the average price of utility (piped) gas for a 40-therm usage in the San Francisco-Oakland-Hayward, CA metropolitan area. It provides insight into energy costs for consumers and businesses in a major U.S. urban 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 - 40 Therms in San Francisco-Oakland-Hayward, CA (CBSA) series tracks the average price paid by consumers for 40 therms of piped natural gas in this metropolitan statistical area. This metric is useful for analyzing energy cost dynamics and assessing the overall cost of living in the region.
Methodology
The data is collected through surveys of utility companies serving the San Francisco-Oakland-Hayward CBSA.
Historical Context
This trend is used by policymakers, economists, and consumers to monitor energy price inflation and assess the affordability of utility services.
Key Facts
- Gas prices in San Francisco-Oakland-Hayward are typically higher than the national average.
- Piped gas accounts for over 70% of residential energy use in the region.
- Utility gas prices impact both consumer budgets and business operating costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by consumers for 40 therms of piped natural gas in the San Francisco-Oakland-Hayward metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into energy costs for both consumers and businesses in a major U.S. urban region, which is useful for analyzing cost of living, energy price inflation, and the overall affordability of utility services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of utility companies serving the San Francisco-Oakland-Hayward metropolitan statistical area.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and consumers to monitor energy price inflation and assess the affordability of utility services in the region.
Q: Are there update delays or limitations?
A: The data is published monthly, but may have a 1-2 month lag in reporting.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 40 Therms in San Francisco-Oakland-Hayward, CA (CBSA) (APUS49B72601), retrieved from FRED.