Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Size Class D
This dataset tracks average price: gasoline, leaded regular (cost per gallon/3.8 liters) in size class d over time.
Latest Value
1.13
Year-over-Year Change
7.11%
Date Range
1/1/1987 - 4/1/1991
Summary
This economic trend measures the average price of leaded regular gasoline in the United States. It provides important insights into consumer spending and transportation costs.
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 Size Class D trend tracks the average price consumers pay for a gallon of leaded regular gasoline. This metric is widely used by economists and policymakers to understand consumer behavior and the overall state of the transportation and energy sectors.
Methodology
The data is collected through surveys of gasoline retailers across the country.
Historical Context
This trend is closely monitored by government agencies, industry analysts, and consumers to assess the impact of energy prices on the broader economy.
Key Facts
- Gasoline is a major household expense.
- Prices can significantly impact consumer behavior.
- The trend is a key economic indicator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price consumers pay for a gallon of leaded regular gasoline in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending, transportation costs, and the overall state of the energy sector, which are key factors in understanding the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers across the country.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by government agencies, industry analysts, and consumers to assess the impact of energy prices on the broader economy.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be occasional delays or limitations in coverage due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Size Class D (APUD00074712), retrieved from FRED.