Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Baltimore-Columbia-Towson, MD (CBSA)
APUS35E74714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.09
Year-over-Year Change
-12.79%
Date Range
1/1/1978 - 6/1/2025
Summary
This economic trend measures the average price of unleaded regular gasoline per gallon in the Baltimore-Columbia-Towson, MD metropolitan area. It is a key indicator of consumer prices and household expenditures.
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, Unleaded Regular trend tracks the retail price of gasoline in the Baltimore region. It is used by economists and policymakers to monitor changes in transportation and energy costs, which can impact inflation and consumer spending.
Methodology
The data is collected through surveys of gasoline retailers in the metropolitan area.
Historical Context
This trend provides insight into regional fuel market conditions and can inform policy decisions related to energy, transportation, and the broader economy.
Key Facts
- Gasoline prices are a significant household expense.
- Prices can fluctuate due to supply, demand, and policy changes.
- Regional price data provides insights into local economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded regular gasoline per gallon in the Baltimore-Columbia-Towson, MD metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of household budgets and consumer spending, so this trend provides important insights into regional economic conditions and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in the Baltimore metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor changes in transportation and energy costs, which can inform decisions related to taxation, subsidies, and broader economic policies.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be lags or limitations in reporting from some gasoline retailers.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Baltimore-Columbia-Towson, MD (CBSA) (APUS35E74714), retrieved from FRED.