Expenditures: Natural Gas: All Consumer Units
CXUNATRLGASLB0101M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
540.00
Year-over-Year Change
28.57%
Date Range
1/1/1984 - 1/1/2023
Summary
The 'Expenditures: Natural Gas: All Consumer Units' trend measures household spending on natural gas, a key indicator of consumer behavior and energy market conditions.
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 economic indicator tracks the average monthly expenditures on natural gas for all U.S. consumer units, providing insight into energy consumption patterns and the impact of energy costs on household budgets.
Methodology
The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts closely monitor this trend to understand energy demand and the broader impact of natural gas prices on the economy.
Key Facts
- Natural gas is a major household energy source in the U.S.
- Expenditures on natural gas can significantly impact household budgets.
- Trends in natural gas spending reflect changes in energy demand and prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average monthly household expenditures on natural gas, providing insight into consumer energy consumption patterns.
Q: Why is this trend relevant for users or analysts?
A: Monitoring natural gas expenditures is crucial for understanding energy demand, the impact of energy prices on household budgets, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Expenditure Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess energy demand, the impact of natural gas prices on the economy, and the broader implications for household budgets and consumer spending.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the Consumer Expenditure Survey.
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Citation
U.S. Federal Reserve, Expenditures: Natural Gas: All Consumer Units (CXUNATRLGASLB0101M), retrieved from FRED.