Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class A
APUS40074714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.37
Year-over-Year Change
-4.23%
Date Range
1/1/1978 - 6/1/2025
Summary
This trend measures the average price of unleaded regular gasoline per gallon in the West Census Region of the United States, focusing on size class A areas. It is a key indicator for consumers and policymakers to understand fuel costs and regional 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, Unleaded Regular trend tracks the average retail price for a gallon of unleaded regular gasoline in the West Census Region, which encompasses 13 states. This metric is widely used by economists, consumers, and policymakers to gauge regional fuel price trends and inflationary pressures.
Methodology
The data is collected through surveys of gasoline retailers in the West Census Region.
Historical Context
This trend informs decisions by consumers, businesses, and policymakers regarding energy costs and their economic impacts.
Key Facts
- Gasoline is a major household and business expense.
- Regional price variations can impact consumer spending and business costs.
- The West Census Region includes 13 states, such as California and Washington.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per gallon of unleaded regular gasoline in the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for consumers, businesses, and policymakers to understand regional fuel price dynamics and their economic impacts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in the West Census Region.
Q: How is this trend used in economic policy?
A: This trend informs decisions by consumers, businesses, and policymakers regarding energy costs and their economic impacts.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting from retailers.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class A (APUS40074714), retrieved from FRED.