Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in St. Louis, MO-IL (CBSA)
This dataset tracks average price: gasoline, leaded regular (cost per gallon/3.8 liters) in st. louis, mo-il (cbsa) over time.
Latest Value
0.95
Year-over-Year Change
15.38%
Date Range
1/1/1978 - 3/1/1990
Summary
This economic trend measures the average price per gallon of leaded regular gasoline in the St. Louis, MO-IL metropolitan area. It provides valuable insights into consumer spending and regional fuel price dynamics.
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 St. Louis, MO-IL (CBSA) trend tracks the average retail price that consumers pay for a gallon of leaded regular gasoline in the St. Louis metropolitan statistical area. This data is widely used by economists, policymakers, and market analysts to understand local fuel price trends and their impact on consumer behavior.
Methodology
The data is collected through surveys of fuel retailers in the St. Louis region by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding consumer spending patterns and the overall cost of living in the St. Louis metro area.
Key Facts
- Gasoline prices in St. Louis tend to be lower than the national average.
- Prices have fluctuated significantly in recent years due to global supply and demand factors.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price that consumers pay per gallon of leaded regular gasoline in the St. Louis, MO-IL metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer spending patterns and the overall cost of living in the St. Louis region, which is useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers in the St. Louis metropolitan area by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and economists to understand regional fuel price trends and their impact on consumer behavior and the overall cost of living.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in St. Louis, MO-IL (CBSA) (APUS24B74712), retrieved from FRED.