Average Price: Utility (Piped) Gas - 100 Therms in San Francisco-Oakland-Hayward, CA (CBSA)
APUS49B72611 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.35
Year-over-Year Change
-0.58%
Date Range
11/1/1978 - 6/1/2013
Summary
This economic trend measures the average price of utility (piped) gas for 100 therms in the San Francisco-Oakland-Hayward, CA metropolitan area. It provides insight into energy costs and consumer price pressures in a major U.S. urban market.
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 - 100 Therms in San Francisco-Oakland-Hayward, CA (CBSA) series tracks the retail price of natural gas for residential consumption in this California metro region. It is an important indicator for analysts and policymakers monitoring inflation, consumer spending, and the cost of living.
Methodology
The data is collected through surveys of gas utility companies in the region.
Historical Context
This trend is used to assess energy price dynamics and their impact on household budgets and the broader economy.
Key Facts
- Natural gas is a primary heating fuel in the San Francisco metro area.
- Prices can fluctuate seasonally and with global energy market conditions.
- The trend is tracked by the Federal Reserve and other economic analysts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of 100 therms of utility (piped) natural gas in the San Francisco-Oakland-Hayward, CA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into energy costs and consumer price pressures in a major U.S. urban market, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas utility companies in the San Francisco-Oakland-Hayward metropolitan area.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess energy price dynamics and their impact on household budgets and the broader economy.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and can be affected by changes in utility pricing or survey methodologies.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 100 Therms in San Francisco-Oakland-Hayward, CA (CBSA) (APUS49B72611), retrieved from FRED.