Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class A
APUS40074717 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.48
Year-over-Year Change
-9.10%
Date Range
1/1/1998 - 3/1/2025
Summary
This economic trend measures the average price of automotive diesel fuel in the West Census Region, specifically for size class A. It is an important indicator for monitoring transportation and logistics costs, which are crucial for businesses and policymakers.
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: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class A trend provides insights into the pricing of a key transportation fuel. This data is used to assess the economic conditions and inflationary pressures within the region.
Methodology
The data is collected by the U.S. Energy Information Administration through surveys of fuel retailers.
Historical Context
This trend is relevant for understanding the broader economic conditions and transportation costs in the West Census Region.
Key Facts
- The West Census Region includes 13 states, including California and Washington.
- Diesel fuel is a critical input for the trucking, logistics, and manufacturing industries.
- Fluctuations in diesel prices can impact consumer prices and business profitability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of automotive diesel fuel in the West Census Region, specifically for size class A vehicles.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding transportation and logistics costs, which are crucial for businesses and policymakers in the region.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Energy Information Administration through surveys of fuel retailers.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the broader economic conditions and inflationary pressures within the West Census Region.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West Census Region - Size Class A (APUS40074717), retrieved from FRED.