Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class B/C
This dataset tracks average price: gasoline, unleaded regular (cost per gallon/3.785 liters) in the northeast census region - size class b/c over time.
Latest Value
3.20
Year-over-Year Change
-11.00%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of unleaded regular gasoline in the Northeast Census Region for mid-sized and small cities. It provides valuable insights into consumer fuel costs and regional price variations.
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 Regular (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class B/C tracks the average retail price of gasoline in mid-sized and small metropolitan areas across the Northeastern United States. This data is a key indicator of consumer purchasing power and regional cost-of-living trends.
Methodology
The data is collected through a monthly survey of gas stations by the U.S. Energy Information Administration.
Historical Context
This gasoline price series is widely used by policymakers, economists, and market analysts to assess economic conditions and the impact of fuel costs on households and businesses.
Key Facts
- Gasoline prices in the Northeast region can be 10-20 cents higher per gallon than the national average.
- Prices in size class B/C metro areas are typically lower than those in larger size class A cities.
- Prices fluctuate seasonally, with higher costs in the summer driving season.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded regular gasoline in mid-sized and small metropolitan areas within the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of household and business budgets, making this data highly relevant for assessing consumer purchasing power, regional cost-of-living, and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of gas stations conducted by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this gasoline price data to evaluate the impact of fuel costs on households and businesses, informing decisions around energy policy, consumer protection, and macroeconomic strategies.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few weeks of the reference month. There may be some variation in station participation, but the survey sample is designed to provide representative regional pricing information.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class B/C (APUN10074714), retrieved from FRED.