Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Urban

APU01007471A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.31

Year-over-Year Change

-10.84%

Date Range

1/1/1978 - 6/1/2025

Summary

This economic trend measures the average price of gasoline, all types, in the Northeast Census Region of the United States. It is a key indicator of consumer prices and energy costs in the region.

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: Gasoline, All Types trend represents the average retail price per gallon of gasoline, including all grades and formulations, within the urban areas of the Northeast Census Region. This metric is widely used by economists, policymakers, and consumers to track regional fuel price dynamics.

Methodology

The data is collected through surveys of retail gasoline stations and service providers in the region.

Historical Context

This trend is closely monitored by government agencies, industry analysts, and consumers to assess the state of regional energy markets and the broader economy.

Key Facts

  • Gasoline prices are a significant component of the Consumer Price Index.
  • The Northeast region accounts for a large share of U.S. gasoline consumption.
  • Fluctuations in regional gasoline prices can impact household budgets and business costs.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average retail price per gallon of gasoline, including all grades and formulations, within the urban areas of the Northeast Census Region of the United States.

Q: Why is this trend relevant for users or analysts?

A: This trend is a key indicator of consumer prices and energy costs in the Northeast region, and is closely monitored by government agencies, industry analysts, and consumers to assess the state of regional energy markets and the broader economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of retail gasoline stations and service providers in the Northeast Census Region.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to understand regional energy market dynamics and their impact on consumer prices, household budgets, and business costs.

Q: Are there update delays or limitations?

A: The data is released on a regular basis, but may be subject to minor delays in reporting and can be influenced by factors such as seasonal fluctuations and regional supply and demand.

Related Trends

Citation

U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Urban (APU01007471A), retrieved from FRED.