Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Size Class A
APUS00074712 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.03
Year-over-Year Change
1.67%
Date Range
1/1/1987 - 4/1/1991
Summary
This economic trend measures the average price of leaded regular gasoline in the United States, providing crucial data for understanding consumer behavior and the state of the energy market.
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, Leaded Regular (Cost per Gallon/3.8 Liters) in Size Class A metric tracks the average retail price of a gallon of leaded regular gasoline across the country. This data is widely used by economists, policymakers, and market analysts to gauge consumer spending, monitor inflation, and assess the overall health of the energy sector.
Methodology
The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Historical Context
This trend is closely watched as a key indicator of consumer purchasing power and the broader state of the economy.
Key Facts
- Gasoline prices directly impact consumer budgets and spending habits.
- The energy sector is a major driver of overall economic activity.
- Fluctuations in gasoline prices are closely monitored for signs of inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of a gallon of leaded regular gasoline across the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer spending, inflation, and the overall health of the energy sector, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor gasoline prices as a signal of consumer purchasing power and broader inflationary pressures, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Energy Information Administration, though there may be some delay in the reporting of the most recent figures.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Size Class A (APUS00074712), retrieved from FRED.