Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class D
APUD10074716 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.07
Year-over-Year Change
-24.25%
Date Range
12/1/1981 - 12/1/1986
Summary
This economic trend measures the average price of unleaded premium gasoline in the Northeast Census Region, providing insights into consumer costs and regional fuel market conditions.
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, Unleaded Premium (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class D tracks the retail price of premium gasoline across a specific geographic area and vehicle size class. This data is used to analyze regional energy costs and consumer spending patterns.
Methodology
The data is collected through surveys of gasoline retailers in the Northeast Census Region.
Historical Context
This trend is closely monitored by policymakers, market analysts, and consumers to assess the impact of energy prices on the regional economy.
Key Facts
- The Northeast Census Region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Size Class D refers to medium-duty trucks and vans with a gross vehicle weight rating between 8,501 and 10,000 pounds.
- Gasoline prices can significantly impact consumer spending and business costs in the Northeast.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded premium gasoline in the Northeast Census Region, specifically for the medium-duty vehicle size class.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of consumer spending and business costs, making this trend important for understanding regional economic conditions and energy market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in the Northeast Census Region.
Q: How is this trend used in economic policy?
A: Policymakers, market analysts, and consumers use this trend to assess the impact of energy prices on the regional economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely insights into Northeast gasoline prices.
Related Trends
Average Price: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the South Census Region - Urban
APU0300720311
Average Price: Cookies, Chocolate Chip (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100702421
Average Price: Rice, White, Long Grain, Precooked (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100701311
Average Price: Rib Roast, USDA Choice, Bone-In (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000703411
Average Price: Electricity per Kilowatt-Hour in the South Atlantic Census Division
APU035072610
Average Price: Peaches (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000711414
Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class D (APUD10074716), retrieved from FRED.