Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the South Atlantic Census Division
APU035074714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-10.22%
Date Range
1/1/2018 - 6/1/2025
Summary
This economic trend measures the average price of unleaded regular gasoline per gallon in the South Atlantic Census Division. It provides important data for analyzing consumer spending and inflationary pressures.
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 trend tracks the retail cost of a gallon of unleaded regular gasoline in the South Atlantic region, which includes Florida, Georgia, and the Carolinas. This metric is widely used by economists, policymakers, and market analysts to assess consumer behavior and the overall state of the economy.
Methodology
The data is collected from reports by gasoline retailers and service stations across the South Atlantic region.
Historical Context
This trend is closely monitored for its impact on consumer purchasing power and its potential influence on monetary and fiscal policy decisions.
Key Facts
- Gasoline is a major household expense, accounting for over 3% of consumer spending.
- Prices in the South Atlantic region have historically tracked slightly below the national average.
- This metric is a key input for calculating regional and national inflation rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded regular gasoline per gallon in the South Atlantic Census Division, which includes Florida, Georgia, and the Carolinas.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used to assess consumer spending power, inflationary pressures, and the overall state of the regional and national economy.
Q: How is this data collected or calculated?
A: The data is collected from reports by gasoline retailers and service stations across the South Atlantic region.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and market analysts for its potential influence on monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the South Atlantic Census Division (APU035074714), retrieved from FRED.