Average Price: Utility (Piped) Gas per Therm in the Pacific Census Division
APU049072620 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.80
Year-over-Year Change
6.00%
Date Range
1/1/2018 - 12/1/2024
Summary
This economic trend measures the average price of utility (piped) gas per therm in the Pacific Census Division, providing insights into regional energy costs and consumption 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 per Therm in the Pacific Census Division tracks the average price paid by consumers for natural gas delivered through pipelines in the Pacific region, which includes California, Oregon, Washington, Hawaii, and Alaska. This metric is useful for analyzing regional energy markets and consumer spending on utilities.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of utility companies and consumers.
Historical Context
Policymakers and analysts use this trend to assess the affordability of natural gas for households and businesses in the Pacific region.
Key Facts
- The Pacific Census Division includes California, Oregon, Washington, Hawaii, and Alaska.
- Natural gas is a major energy source for households and businesses in the Pacific region.
- Utility (piped) gas prices can significantly impact consumer spending and regional economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by consumers for natural gas delivered through utility pipelines in the Pacific Census Division, which includes several western U.S. states and Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the affordability and cost of a key energy source for households and businesses in the Pacific region, which is useful for policymakers and economists analyzing regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of utility companies and consumers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the impact of natural gas prices on household budgets and business costs in the Pacific region, informing decisions related to energy policy and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to minor revisions over time. Regional coverage is limited to the Pacific Census Division.
Similar APU Trends
Average Price: Utility (Piped) Gas per Therm in the East South Central Census Division
APU036072620
Average Price: Utility (Piped) Gas - 100 Therms in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (CBSA)
APUS12B72611
Average Price: Milk, Fresh, Skim (Cost per One-Half Gallon/1.9 Liters) in U.S. City Average
APU0000709211
Average Price: All Uncooked Beef Steaks (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200FC3101
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Minneapolis-St. Paul-Bloomington, MN-WI (CBSA)
APUS24A74714
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA)
APUS49E7471A
Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas per Therm in the Pacific Census Division (APU049072620), retrieved from FRED.