Annual
This dataset tracks annual over time.
Latest Value
3.76
Year-over-Year Change
0.72%
Date Range
1/1/1995 - 1/1/2024
Summary
The Annual trend measures the annual average of monthly natural gas consumption data, providing insights into nationwide usage 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
This annual natural gas consumption trend represents the average monthly usage across the United States. It is a key indicator for energy markets, policy analysis, and infrastructure planning.
Methodology
The data is collected through surveys of natural gas suppliers and distributors.
Historical Context
This annual trend is used to monitor energy demand and guide policy decisions.
Key Facts
- Natural gas is the largest source of electricity generation in the U.S.
- Annual consumption has increased by over 20% in the past decade.
- The residential sector accounts for the largest share of natural gas usage.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average monthly natural gas consumption across the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into national energy demand patterns, which are crucial for policymakers, utility companies, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of natural gas suppliers and distributors.
Q: How is this trend used in economic policy?
A: This annual natural gas consumption trend is used to monitor energy demand and guide policy decisions related to energy infrastructure, supply, and regulations.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few months after the end of the year.
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Citation
U.S. Federal Reserve, Annual Natural Gas Consumption (GASPRMCOVRMA), retrieved from FRED.