Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class B/C
APUN4007471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.12
Year-over-Year Change
-3.90%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of gasoline, all types, in the West Census Region for size class B/C areas. It is a key indicator of consumer costs and energy market conditions in a major U.S. geographic region.
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 the West Census Region - Size Class B/C trend tracks the average retail price of gasoline across various fuel grades in mid-sized and smaller cities within the western United States. This metric is widely used by economists, policymakers, and analysts to understand consumer spending, inflation, and energy market dynamics.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
This trend informs economic policy decisions and market analysis related to consumer behavior, energy costs, and regional economic conditions.
Key Facts
- The West Census Region includes 13 states, from Washington to New Mexico.
- Size class B/C refers to metro areas with populations between 50,000 and 250,000.
- Gasoline prices can significantly impact household budgets and business costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of gasoline, across all fuel grades, in mid-sized and smaller cities within the 13-state West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of consumer costs and energy market dynamics, making this trend an important indicator for economists, policymakers, and market analysts.
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: This trend informs economic policy decisions and market analysis related to consumer behavior, inflation, energy costs, and regional economic conditions.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class B/C (APUN4007471A), retrieved from FRED.