Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Riverside-San Bernardino-Ontario, CA (CBSA)
APUS49C7471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.57
Year-over-Year Change
-5.60%
Date Range
1/1/2018 - 6/1/2025
Summary
This trend measures the average price of gasoline in the Riverside-San Bernardino-Ontario, CA metropolitan area. It is a key indicator of consumer costs and economic activity in the region.
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 trend represents the typical retail price paid by consumers for a gallon of gasoline in the Riverside-San Bernardino-Ontario, CA metro area. This data point is closely watched by policymakers, businesses, and households to understand trends in fuel costs and their economic impacts.
Methodology
The data is collected through surveys of gasoline retailers in the region.
Historical Context
This trend is used to inform economic and policy decisions related to energy, transportation, and consumer spending.
Key Facts
- Gasoline prices account for a significant portion of household budgets.
- The Riverside-San Bernardino-Ontario metro area is a major economic hub in Southern California.
- Fluctuations in gasoline prices can impact consumer spending and broader economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of gasoline, including all grades and types, in the Riverside-San Bernardino-Ontario, CA metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a crucial indicator of consumer costs and economic activity, as fuel expenditures represent a significant portion of household budgets. This trend provides insight into regional price dynamics that can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in the Riverside-San Bernardino-Ontario, CA metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses use this trend to monitor consumer costs, assess the impact of energy prices on the regional economy, and inform decisions related to transportation, energy, and fiscal policy.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis, but may be subject to minor delays due to the survey collection process. The trend represents average prices across the metropolitan area and may not capture hyperlocal variations.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Riverside-San Bernardino-Ontario, CA (CBSA) (APUS49C7471A), retrieved from FRED.