Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Urban Hawaii (CBSA)
APUS49F74714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.36
Year-over-Year Change
-5.10%
Date Range
1/1/1978 - 6/1/2025
Summary
The Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Urban Hawaii (CBSA) is a key economic indicator that tracks the average retail price of regular gasoline in urban areas of Hawaii. This metric is closely watched by policymakers, consumers, and industry analysts to understand consumer spending and inflationary pressures.
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 economic series measures the average price per gallon of regular unleaded gasoline in urban areas of Hawaii, adjusted for the standard U.S. gallon of 3.785 liters. It provides insights into the cost of living and transportation expenses for households and businesses in the state.
Methodology
The data is collected through surveys of retail gasoline stations and service providers in urban Hawaiian markets.
Historical Context
Policymakers and economists use this series to assess the impact of fuel prices on consumer behavior, inflation, and the broader economy.
Key Facts
- Hawaii has the highest average gasoline prices in the United States.
- Gasoline prices in Hawaii are influenced by global crude oil markets and limited local refining capacity.
- Transportation costs are a significant portion of household budgets in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average retail price of regular unleaded gasoline per gallon in urban areas of Hawaii, adjusted to the standard U.S. gallon of 3.785 liters.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, consumers, and industry analysts to understand consumer spending and inflationary pressures related to transportation costs in Hawaii.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail gasoline stations and service providers in urban Hawaiian markets.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess the impact of fuel prices on consumer behavior, inflation, and the broader economy in Hawaii.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely insights into gasoline prices in urban Hawaii.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Urban Hawaii (CBSA) (APUS49F74714), retrieved from FRED.