Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Seattle-Tacoma-Bellevue WA (CBSA)
APUS49D74715 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.83
Year-over-Year Change
0.69%
Date Range
1/1/1998 - 6/1/2025
Summary
This trend measures the average price of unleaded midgrade gasoline per gallon in the Seattle-Tacoma-Bellevue metropolitan area. It is a key indicator of fuel costs for consumers and businesses 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, Unleaded Midgrade data series tracks the average retail price paid by consumers for one gallon of unleaded midgrade gasoline in the Seattle-Tacoma-Bellevue metropolitan statistical area. This metric is widely used to monitor regional fuel price trends and the relative affordability of transportation costs.
Methodology
The data is collected through a survey of retail gasoline stations and reported by the U.S. Energy Information Administration.
Historical Context
Policymakers and market analysts closely follow this trend to assess the economic impacts of changing fuel prices on households and businesses.
Key Facts
- Gasoline is a major household and business expense.
- Prices can fluctuate significantly due to supply, demand, and policy factors.
- The Seattle metro area is a major transportation hub in the Pacific Northwest.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded midgrade gasoline per gallon in the Seattle-Tacoma-Bellevue metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer and business costs in the Seattle region, making this trend useful for monitoring economic conditions and the affordability of transportation.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail gasoline stations and reported by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the impacts of changing fuel prices on households, businesses, and the broader regional economy.
Q: Are there update delays or limitations?
A: The data is reported with a slight delay, but provides a reliable indicator of recent price trends in the Seattle metropolitan area.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Seattle-Tacoma-Bellevue WA (CBSA) (APUS49D74715), retrieved from FRED.