Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the South Census Region - Urban
This dataset tracks average price: gasoline, all types (cost per gallon/3.785 liters) in the south census region - urban over time.
Latest Value
3.02
Year-over-Year Change
-9.46%
Date Range
1/1/1978 - 6/1/2025
Summary
This economic trend measures the average price of gasoline, all types, per gallon in the South Census Region's urban areas. It is a key indicator of consumer energy costs and regional price dynamics.
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 metric tracks the retail price paid by urban consumers for a gallon of gasoline in the southern United States. This data is used by economists and policymakers to analyze trends in consumer spending, transportation costs, and regional price variations.
Methodology
The data is collected through a monthly survey of gasoline retailers in the South Census Region.
Historical Context
This gasoline price trend provides important context for evaluating consumer behavior, transportation policies, and energy market conditions.
Key Facts
- Gasoline is a major household expense for most Americans.
- Prices can vary significantly by geographic region and over time.
- Tracking price changes is crucial for analyzing consumer behavior and transportation trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by urban consumers for a gallon of gasoline, including all grades and types, in the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key input for analyzing consumer spending, transportation costs, and regional economic conditions. This data provides important context for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of gasoline retailers in the South Census Region.
Q: How is this trend used in economic policy?
A: Gasoline price trends are closely monitored by economists, transportation analysts, and policymakers to evaluate consumer behavior, energy market conditions, and the potential impact of policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on regional gasoline price dynamics.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the South Census Region - Urban (APU03007471A), retrieved from FRED.