Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the South Census Region - Urban
APU030074714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.90
Year-over-Year Change
-9.98%
Date Range
1/1/1978 - 6/1/2025
Summary
This trend measures the average price of unleaded regular gasoline per gallon in the urban areas of the South Census Region of the United States. It is a key indicator of consumer energy costs and overall inflation.
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, Unleaded Regular (Cost per Gallon/3.785 Liters) in the South Census Region - Urban data series tracks the monthly average retail price of unleaded regular gasoline in dollars per gallon. This metric is widely used by economists, policymakers, and the public to gauge household and business energy expenditures.
Methodology
The data is collected through monthly surveys of gasoline retailers by the U.S. Energy Information Administration.
Historical Context
This price trend informs analysis of consumer spending, transportation costs, and inflationary pressures.
Key Facts
- Gasoline is a major household and business expense.
- Prices can fluctuate significantly based on global supply and demand.
- This metric helps track the economic impact of changing fuel costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded regular gasoline per gallon in the urban areas of the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer energy costs and overall inflation, informing analysis of household budgets, business expenses, and macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of gasoline retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this price trend to assess the impact of energy costs on consumer spending, transportation, and broader inflationary pressures.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may not capture rapid, localized price changes.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the South Census Region - Urban (APU030074714), retrieved from FRED.