Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in City - Size Class C
This dataset tracks average price: gasoline, leaded regular (cost per gallon/3.8 liters) in city - size class c over time.
Latest Value
1.11
Year-over-Year Change
7.74%
Date Range
1/1/1987 - 4/1/1991
Summary
This trend measures the average price per gallon of leaded regular gasoline in U.S. cities with a population of 50,000 to 200,000. It is a key indicator of consumer energy costs and a driver of broader economic trends.
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 City - Size Class C series tracks the average retail price of leaded regular gasoline in medium-sized U.S. cities. This metric is widely used by economists, policymakers, and consumers to gauge energy inflation and its impact on household budgets and business costs.
Methodology
The data is collected through a monthly survey of gasoline retailers by the U.S. Energy Information Administration.
Historical Context
Gasoline prices are a closely watched economic indicator, influencing consumer spending, business investments, and policy decisions.
Key Facts
- Prices are reported in U.S. dollars per gallon.
- Data goes back to 1976 with monthly updates.
- Reflects prices in medium-sized U.S. cities (50,000 to 200,000 residents)
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of leaded regular gasoline in medium-sized U.S. cities, providing insight into consumer energy costs.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key driver of consumer spending, business costs, and broader economic conditions, making this metric crucial for policymakers, economists, and the general public.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of gasoline retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Gasoline prices are closely monitored by policymakers and central banks, as they influence consumer inflation, transportation costs, and overall economic activity.
Q: Are there update delays or limitations?
A: The data is updated monthly with a brief lag, and it reflects prices in medium-sized U.S. cities, which may not fully represent national trends.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in City - Size Class C (APUC00074712), retrieved from FRED.