Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Seattle-Tacoma-Bellevue WA (CBSA)
This dataset tracks average price: gasoline, unleaded premium (cost per gallon/3.785 liters) in seattle-tacoma-bellevue wa (cbsa) over time.
Latest Value
5.04
Year-over-Year Change
0.78%
Date Range
9/1/1981 - 6/1/2025
Summary
The 'Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Seattle-Tacoma-Bellevue WA (CBSA)' series measures the average retail price of premium gasoline in the Seattle metropolitan area. This metric is a key indicator of consumer energy costs and regional economic conditions.
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
This data series tracks the average price per gallon of unleaded premium gasoline in the Seattle-Tacoma-Bellevue, Washington metropolitan statistical area. It is used by economists, policymakers, and consumers to assess trends in regional energy prices and consumer spending power.
Methodology
The data is collected through surveys of retail gasoline stations in the defined geographic area.
Historical Context
This price series is closely monitored for its impact on consumer budgets and regional economic performance.
Key Facts
- Seattle-area premium gas averaged $4.75 per gallon in June 2022.
- Gasoline prices reached a record high in the Seattle region in June 2022.
- Unleaded premium fuel accounts for approximately 10% of total gasoline sales in the U.S.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average retail price of unleaded premium gasoline in the Seattle-Tacoma-Bellevue, Washington metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of regional energy costs and consumer spending power, which are closely monitored by economists, policymakers, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail gasoline stations in the defined geographic area.
Q: How is this trend used in economic policy?
A: This price series is closely watched for its impact on consumer budgets and regional economic performance, informing policy decisions by governments and central banks.
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.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Seattle-Tacoma-Bellevue WA (CBSA) (APUS49D74716), retrieved from FRED.