Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in the South Census Region - Size Class A
This dataset tracks average price: gasoline, leaded premium (cost per gallon/3.8 liters) in the south census region - size class a over time.
Latest Value
1.43
Year-over-Year Change
11.77%
Date Range
1/1/1978 - 6/1/1981
Summary
This trend measures the average price of leaded premium gasoline per gallon in the South Census Region of the United States, specifically for size class A retail outlets. It provides valuable insights into energy costs and consumer behavior.
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 Premium (Cost per Gallon/3.8 Liters) in the South Census Region - Size Class A trend represents the average retail price paid by consumers for leaded premium gasoline in the southern United States. This data is used to analyze regional energy price dynamics and consumer spending patterns.
Methodology
The data is collected through a monthly survey of fuel retailers in the South Census Region.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the impact of energy prices on the regional economy.
Key Facts
- The South Census Region includes 16 states, from Texas to Maryland.
- Size class A refers to retail outlets with annual gasoline sales of 1.5 million gallons or more.
- Leaded premium gasoline is a higher-octane fuel primarily used in older vehicles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of leaded premium gasoline per gallon in the South Census Region of the United States, focusing on size class A retail outlets.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into regional energy costs and consumer spending patterns, which are crucial for understanding the economic dynamics in the southern United States.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of fuel retailers in the South Census Region.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess the impact of energy prices on the regional economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in the South Census Region - Size Class A (APUS30074713), retrieved from FRED.