Average Price: Utility (Piped) Gas - 40 Therms in San Diego-Carlsbad, CA (CBSA)
APUS49E72601 • Economic Data from Federal Reserve Economic Data (FRED)
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.
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Citation
U.S. Federal Reserve, Average Price: Utility (Piped) Gas - 40 Therms in San Diego-Carlsbad, CA (CBSA) (APUS49E72601), retrieved from FRED.