Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West Census Region - Urban
APU040074717 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.17
Year-over-Year Change
-2.95%
Date Range
1/1/1998 - 6/1/2025
Summary
This trend measures the average price of automotive diesel fuel in the West Census Region of the United States, specifically for urban areas. It is an important indicator for monitoring energy costs and transportation-related economic activity.
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 West Census Region - Urban tracks the retail price of diesel fuel in the western states, which is crucial for assessing the costs faced by commercial and consumer transportation. This data series is widely used by policymakers, analysts, and businesses to understand energy market dynamics and transportation-related economic trends.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
This price trend is relevant for understanding the costs faced by businesses and consumers reliant on diesel-powered transportation, and can inform policy decisions related to energy and infrastructure.
Key Facts
- Diesel fuel is a key input for commercial and consumer transportation.
- The West Census Region includes 13 states, including California and Washington.
- Diesel prices can significantly impact the operating costs of businesses and households.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of automotive diesel fuel in the West Census Region of the United States, specifically for urban areas.
Q: Why is this trend relevant for users or analysts?
A: The diesel fuel price trend is an important indicator for understanding energy costs and transportation-related economic activity, which is crucial for businesses, policymakers, and consumers.
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: This price trend informs policy decisions related to energy and infrastructure, as it reflects the costs faced by businesses and consumers reliant on diesel-powered transportation.
Q: Are there update delays or limitations?
A: The data is updated weekly by the U.S. Energy Information Administration, with minimal delays.
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Citation
U.S. Federal Reserve, Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West Census Region - Urban (APU040074717), retrieved from FRED.