Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Size Class B/C
This dataset tracks average price: gasoline, unleaded midgrade (cost per gallon/3.785 liters) in size class b/c over time.
Latest Value
3.62
Year-over-Year Change
-6.79%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of unleaded midgrade gasoline per gallon in the United States. It provides valuable insights into consumer spending patterns and energy 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, Unleaded Midgrade trend tracks the retail price of mid-level unleaded gasoline, which is a key indicator of energy and transportation costs for households and businesses. This data is widely used by economists, policymakers, and market analysts to assess economic conditions and the impact of energy prices.
Methodology
The data is collected through surveys of gasoline retailers across the country.
Historical Context
Gasoline prices are closely monitored as they can significantly impact consumer spending, inflation, and the overall state of the economy.
Key Facts
- Gasoline is a major household and business expense.
- Midgrade unleaded is a common fuel choice for many vehicles.
- Prices can fluctuate significantly due to global supply and demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded midgrade gasoline per gallon in the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of energy and transportation costs, which can significantly impact consumer spending, inflation, and the overall state of the 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: Gasoline prices are closely monitored by economists, policymakers, and market analysts to assess economic conditions and the impact of energy costs on consumers and businesses.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be occasional delays or limitations in reporting due to factors such as market conditions or survey response rates.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Size Class B/C (APUN00074715), retrieved from FRED.