Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Los Angeles-Long Beach-Anaheim, CA (CBSA)
This dataset tracks average price: gasoline, unleaded regular (cost per gallon/3.785 liters) in los angeles-long beach-anaheim, ca (cbsa) over time.
Latest Value
4.62
Year-over-Year Change
-3.91%
Date Range
1/1/1978 - 6/1/2025
Summary
This economic trend tracks the average price per gallon of unleaded regular gasoline in the Los Angeles-Long Beach-Anaheim, CA metropolitan area. It is a key indicator of consumer energy costs and broader price inflation.
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 gasoline price provides insight into the cost of living and transportation expenses for households and businesses in the Los Angeles region. It is used by economists, policymakers, and analysts to assess inflationary pressures and consumer behavior.
Methodology
The data is collected by surveying gasoline retailers in the Los Angeles metro area.
Historical Context
Gasoline prices are closely monitored as they can impact consumer spending, transportation costs, and broader economic conditions.
Key Facts
- Los Angeles has some of the highest gasoline prices in the U.S.
- Prices fluctuate seasonally, often peaking in the summer driving season.
- Gasoline is a major household expense, accounting for over 3% of consumer budgets.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average retail price of unleaded regular gasoline per gallon in the Los Angeles-Long Beach-Anaheim, CA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of consumer price inflation and have a significant impact on household budgets and business costs.
Q: How is this data collected or calculated?
A: The data is collected by surveying gasoline retailers in the Los Angeles metro area.
Q: How is this trend used in economic policy?
A: Gasoline prices are closely monitored by policymakers and economists as an indicator of inflationary pressures and consumer spending patterns.
Q: Are there update delays or limitations?
A: The data is reported on a weekly basis with minimal delays, providing timely information on gasoline costs in the Los Angeles region.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A74714), retrieved from FRED.