Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A
APUS1007471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.26
Year-over-Year Change
-11.42%
Date Range
1/1/1978 - 6/1/2025
Summary
This economic trend measures the average price of gasoline, all types, in the Northeast Census Region for size class A areas. It provides valuable insights into the cost of a key consumer good and energy source that impacts household budgets and economic activity.
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 Northeast Census Region - Size Class A trend tracks the average retail price of various grades of gasoline in the northeastern United States for urban areas with a population of 200,000 or more. This metric is widely used by policymakers, economists, and consumers to analyze energy costs and their effects on the broader economy.
Methodology
The data is collected through a monthly survey of gasoline retailers in the region.
Historical Context
This trend helps inform decisions around energy policy, consumer spending, and economic growth.
Key Facts
- Gasoline is a major household expense.
- The Northeast region accounts for a significant share of U.S. energy consumption.
- Price fluctuations can impact consumer spending and business costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of various grades of gasoline in the Northeast Census Region for urban areas with a population of 200,000 or more.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the cost of a key consumer good and energy source that impacts household budgets and broader economic activity.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of gasoline retailers in the region.
Q: How is this trend used in economic policy?
A: This trend helps inform decisions around energy policy, consumer spending, and economic growth.
Q: Are there update delays or limitations?
A: The data is reported monthly, with some potential for short delays in publication.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A (APUS1007471A), retrieved from FRED.