Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles
Daily
DDFUELLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.45
Year-over-Year Change
6.24%
Date Range
10/26/2021 - 8/25/2025
Summary
The 'Daily' economic trend measures the total dollar value of fuel and lubricants expenditures for U.S. consumers on a daily basis. This metric provides real-time insights into consumer spending and energy consumption patterns.
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 'Daily' trend tracks daily consumer spending on fuel and lubricants, which include gasoline, diesel, and other petroleum-based products used for transportation. This data point is widely used by economists and policymakers to analyze changes in consumer behavior, energy demand, and the overall state of the economy.
Methodology
The data is collected through surveys and sales records from fuel retailers across the United States.
Historical Context
Fluctuations in the 'Daily' trend can inform decisions on energy policy, monetary policy, and economic forecasting.
Key Facts
- The 'Daily' trend reached a peak in June 2022 due to rising fuel prices.
- Consumers typically spend the most on fuel during the summer driving season.
- Significant drops in the 'Daily' trend can signal an economic slowdown or recession.
FAQs
Q: What does this economic trend measure?
A: The 'Daily' trend measures the total dollar value of fuel and lubricants expenditures by U.S. consumers on a daily basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides real-time insights into consumer spending and energy consumption patterns, which are crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys and sales records from fuel retailers across the United States.
Q: How is this trend used in economic policy?
A: Fluctuations in the 'Daily' trend can inform decisions on energy policy, monetary policy, and economic forecasting.
Q: Are there update delays or limitations?
A: The 'Daily' trend is updated regularly, with a typical delay of a few days, and provides a comprehensive view of consumer fuel expenditures.
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Citation
U.S. Federal Reserve, Daily ([DDFUELLA]), retrieved from FRED.