Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in the Midwest Census Region - Size Class B/C
APUN20074716 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.96
Year-over-Year Change
-6.48%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of unleaded premium gasoline per gallon in the Midwest Census Region, providing insights into energy costs for consumers and businesses.
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 Midwest Census Region - Size Class B/C series tracks the retail price of premium gasoline across a key U.S. geographic region. This data is used by policymakers, analysts, and the public to monitor energy inflation and its impact on the broader economy.
Methodology
The data is collected through surveys of gasoline retailers in the Midwest region.
Historical Context
This trend is closely watched by economists and policymakers to assess the state of the energy market and its influence on consumer spending and inflation.
Key Facts
- Gasoline is a major household and business expense.
- The Midwest region accounts for over 20% of U.S. gasoline consumption.
- Premium gasoline typically costs more than regular due to higher refining standards.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded premium gasoline per gallon in the Midwest Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of energy costs and inflation, which impact consumer spending, business operations, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in the Midwest region.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor energy market conditions and their influence on the broader economy, informing decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few weeks of the reference period. There may be some regional variations in data coverage within the Midwest Census Region.
Related Trends
Average Price: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300712311
Average Price: Broccoli (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100712412
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class A
APUS00074714
Global price of Bananas
PBANSOPUSDM
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the East North Central Census Division
APU023074714
Average Price: Frankfurters, All Meat or All Beef (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400705111
Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in the Midwest Census Region - Size Class B/C (APUN20074716), retrieved from FRED.