Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Pittsburgh, PA (CBSA)
APUA10474712 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.06
Year-over-Year Change
26.77%
Date Range
1/1/1978 - 4/1/1989
Summary
This trend measures the average price of leaded regular gasoline in the Pittsburgh, PA metropolitan area. It provides important data on consumer fuel costs and regional price variations.
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, Leaded Regular (Cost per Gallon/3.8 Liters) in Pittsburgh, PA (CBSA) trend tracks the average retail price paid by consumers for a gallon of leaded regular gasoline in the Pittsburgh metropolitan area. This metric is used by economists and policymakers to analyze regional differences in consumer fuel expenses.
Methodology
The data is collected through surveys of gas stations in the Pittsburgh metropolitan area.
Historical Context
This trend is relevant for assessing the impact of fuel prices on consumer spending and the local economy.
Key Facts
- Gasoline prices vary significantly by region.
- Leaded regular fuel is less common than unleaded.
- Consumer fuel costs are a major household expense.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of leaded regular gasoline in the Pittsburgh, PA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important data on regional variations in consumer fuel costs, which impacts household budgets and the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gas stations in the Pittsburgh metropolitan area.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the impact of fuel prices on consumer spending and regional economic conditions.
Q: Are there update delays or limitations?
A: The data may have a short delay in reporting and may not capture all gas stations in the region.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Pittsburgh, PA (CBSA) (APUA10474712), retrieved from FRED.