Average Price: Utility (Piped) Gas - 40 Therms in San Diego-Carlsbad, CA (CBSA)
This dataset tracks average price: utility (piped) gas - 40 therms in san diego-carlsbad, ca (cbsa) over time.
Latest Value
16.07
Year-over-Year Change
-3.86%
Date Range
11/1/1978 - 12/1/1986
Summary
The 'Average Price: Utility (Piped) Gas - 40 Therms in San Diego-Carlsbad, CA (CBSA)' tracks the average retail price of natural gas for residential consumers in the San Diego metropolitan area.
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
This trend represents the typical cost of 40 therms of piped, utility-provided natural gas for households in the San Diego-Carlsbad, California metro region. It is a key indicator of regional energy affordability and household utility expenditures.
Methodology
The data is collected through monthly surveys of natural gas providers in the San Diego-Carlsbad area.
Historical Context
Policymakers and analysts use this trend to assess the cost of living and inflationary pressures in the San Diego market.
Key Facts
- The average price of 40 therms of piped gas in San Diego was $66.51 in January 2023.
- Residential natural gas prices in San Diego have increased 12.7% over the past year.
- Utility (piped) gas makes up about 2.4% of the average household budget in the San Diego metro area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of 40 therms of piped, utility-provided natural gas for residential consumers in the San Diego-Carlsbad, California metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of energy affordability and household utility expenditures in the San Diego market, which is important for understanding the local cost of living and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of natural gas providers in the San Diego-Carlsbad area.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the cost of living and inflationary pressures in the San Diego market, which can inform decisions around housing, social welfare, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
Related News
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. Natural Gas Storage Increases Due to Market Dynamics
Navigating Market Volatility: U.S. Natural Gas Storage Strategies and Trends Understanding the dynamics of the U.S. natural gas storage sector is crucial as it plays a central role in shaping the energy market. The storage of natural gas is not just about logistics; it represents a strategic resource ensuring energy availability and stability in times of fluctuating supply and demand. Market volatility affects the price and availability of natural gas, and by extension, decisions regarding its
U.S. Stocks Hit Records; Gold Surges, Bitcoin Declines
U.S. Stock Market Soars Amid Treasury Yield Concerns Despite ongoing global uncertainties, the U.S. stock market has defied expectations, setting unprecedented records this year. The surge of the stock indices reflects the market's buoyancy despite economic fluctuations. Major indicators like the Dow Jones, S&P 500, and Nasdaq have all reached new highs, signifying the resilience of equities in the current financial landscape. Meanwhile, gold prices have surged, reinforcing its status as a safe
US economic growth slows amid rising inflation concerns
US Economic Growth Slows Amid Inflation and Rising Interest Rates The US economy, a crucial indicator of its global standing, is facing a slow growth trajectory. Recent data suggest that inflationary pressures and rising interest rates are the chief culprits in this deceleration. With the Consumer Price Index reflecting heightened inflation and the Federal Reserve adjusting interest rates, the interplay of these factors raises significant concerns for economic stability. These developments furt
U.S. Natural Gas Prices Rise Due to Warmer Weather Forecasts
U.S. Natural Gas Prices Surge: Economic and Weather Patterns at Play The current surge in U.S. natural gas prices is reshaping the energy market landscape. Recent weather forecasts, combined with robust economic patterns, are pushing these prices skyward, affecting individuals and industries alike. This uptrend intertwines with broader energy market dynamics, such as climate patterns and economic impacts. Understanding these interconnected factors helps explain the increasingly volatile natural
U.S. mortgage rates decline aligns with housing price cuts
U.S. Real Estate: Mortgage Rates Plummet Mortgage rates in the U.S. have experienced a notable drop, marking some of the most significant cuts in recent years. This shift comes at a time when the housing market is adjusting with substantial price reductions, offering potential homebuyers opportunities. The interconnectedness of mortgage rates with the broader economic trends cannot be understated. Lower interest rates often mean cheaper loans, potentially sparking more activity in the real esta
Similar APUS49E Trends
Average Price: Electricity per 500 Kilowatt-Hour in San Diego-Carlsbad, CA (CBSA)
APUS49E72621
Average Price: Electricity per Kilowatt-Hour in San Diego-Carlsbad, CA (CBSA)
APUS49E72610
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA)
APUS49E7471A
Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in San Diego-Carlsbad, CA (CBSA)
APUS49E74713
Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in San Diego-Carlsbad, CA (CBSA)
APUS49E74712
Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA)
APUS49E74715
Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 40 Therms in San Diego-Carlsbad, CA (CBSA) (APUS49E72601), retrieved from FRED.