Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the East South Central Census Division
APU036074717 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.24
Year-over-Year Change
-9.28%
Date Range
1/1/2018 - 6/1/2025
Summary
This economic trend measures the average price of automotive diesel fuel in the East South Central Census Division of the United States. It is an important indicator for monitoring fuel costs and the regional impact of energy market 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: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the East South Central Census Division tracks the average retail price paid by consumers for on-highway diesel fuel in this specific geographic region. This data is used by policymakers, analysts, and businesses to understand trends in regional fuel expenses and the broader economic implications.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
This economic indicator provides insight into the cost pressures facing businesses and consumers in the East South Central region due to changes in diesel fuel prices.
Key Facts
- Diesel fuel is a key input for the transportation and logistics industries.
- Prices can fluctuate based on global crude oil market dynamics.
- Regional variations reflect differences in supply, demand, and distribution costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for on-highway automotive diesel fuel in the East South Central Census Division of the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the cost pressures facing businesses and consumers in the region due to changes in diesel fuel prices, which are a significant expense for the transportation and logistics industries.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to understand regional variations in energy costs and the broader economic implications for businesses and consumers in the East South Central region.
Q: Are there update delays or limitations?
A: The data is updated weekly by the U.S. Energy Information Administration, with a short lag period between the reporting period and public release.
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Citation
U.S. Federal Reserve, Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the East South Central Census Division (APU036074717), retrieved from FRED.