Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Los Angeles-Long Beach-Anaheim, CA (CBSA)
APUS49A7471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-3.80%
Date Range
1/1/1978 - 6/1/2025
Summary
This economic trend measures the average price of gasoline in the Los Angeles-Long Beach-Anaheim metropolitan area. It is a key indicator of consumer spending and transportation costs in one of the largest urban regions in the United States.
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, All Types (Cost per Gallon/3.785 Liters) in Los Angeles-Long Beach-Anaheim, CA (CBSA) series tracks the average retail price paid by consumers for regular, midgrade, and premium gasoline in the Los Angeles metropolitan area. This data point is widely used by economists, policymakers, and market analysts to assess regional fuel price dynamics and consumer behavior.
Methodology
The data is collected through survey-based sampling of retail gasoline stations in the Los Angeles metro region.
Historical Context
This gasoline price trend is relevant for assessing the economic health and consumer purchasing power in one of the country's major urban centers.
Key Facts
- Los Angeles metro area accounts for over 10% of U.S. gasoline consumption.
- Gasoline prices in Los Angeles tend to be higher than the national average.
- Fluctuations in this trend can significantly impact household budgets and local economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of regular, midgrade, and premium gasoline sold to consumers in the Los Angeles-Long Beach-Anaheim metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This gasoline price data provides important insights into consumer spending, transportation costs, and economic conditions in one of the largest urban regions in the United States.
Q: How is this data collected or calculated?
A: The data is collected through a survey-based sampling of retail gasoline stations in the Los Angeles metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this gasoline price trend to assess the impact of fuel costs on consumer behavior, inflation, and the broader regional economy.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few weeks of the reference period. There may be some variation in station sampling that can affect the precision of the regional average.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A7471A), retrieved from FRED.