Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Size Class B/C
APUN0007471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.32
Year-over-Year Change
-7.93%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of gasoline, including all types, in size class B/C vehicles. It provides valuable insights into consumer fuel costs and energy market dynamics.
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, All Types (Cost per Gallon/3.785 Liters) in Size Class B/C trend tracks the average price per gallon of gasoline for a specific vehicle size class. This metric is widely used by economists, policymakers, and consumers to understand broader energy price trends and their impact on household budgets.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and consumers to gauge energy market conditions and the potential impact on the broader economy.
Key Facts
- Gasoline is a major household expense for many Americans.
- Prices can fluctuate significantly based on global supply and demand.
- Size class B/C vehicles account for a large share of the U.S. passenger vehicle market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per gallon of gasoline, including all types, for size class B/C vehicles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer fuel costs and energy market dynamics, which are crucial for understanding household budgets, consumer spending, and the broader economic impact of energy prices.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and consumers closely monitor this trend to gauge energy market conditions and the potential impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, but there may be occasional delays or limitations in coverage.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Size Class B/C (APUN0007471A), retrieved from FRED.