Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Pacific Census Division
APU04907471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.57
Year-over-Year Change
-3.40%
Date Range
1/1/2018 - 6/1/2025
Summary
This trend measures the average price of gasoline, including all types, in the Pacific Census Division of the United States. It is a key economic indicator for consumer spending and energy markets.
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 represents the average cost per gallon (converted to liters) of gasoline across the Pacific Census Division, which includes the states of California, Oregon, Washington, Alaska, and Hawaii. This data is used by economists and policymakers to analyze consumer behavior and energy market dynamics.
Methodology
The data is collected through surveys of retail gasoline stations and compiled by the U.S. Energy Information Administration.
Historical Context
Gasoline prices are a significant factor in consumer spending and can influence broader economic conditions.
Key Facts
- Pacific Division includes CA, OR, WA, AK, and HI.
- Gasoline is a major household expense for many consumers.
- Prices can fluctuate due to supply, demand, and policy changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of gasoline, including all types, in the Pacific Census Division of the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer spending and energy market conditions, making this trend important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail gasoline stations and compiled by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Gasoline prices can influence consumer spending and broader economic conditions, so this trend is used by policymakers and analysts to assess energy market dynamics and their potential impact on the overall economy.
Q: Are there update delays or limitations?
A: The data is updated weekly, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Pacific Census Division (APU04907471A), retrieved from FRED.