PADD II (Midwest District) All Grades All Formulations Gas Price
GASALLMWW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.08
Year-over-Year Change
-0.68%
Date Range
6/26/2006 - 8/18/2025
Summary
The 'PADD II (Midwest District) All Grades All Formulations Gas Price' series measures the average retail price of gasoline across the Midwest region of the United States. This metric is closely watched by economists and policymakers as a key indicator of consumer spending and energy market 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 economic indicator tracks the average price consumers pay for all grades and formulations of gasoline sold in the Midwest, one of the major petroleum administration for defense (PADD) districts in the U.S. It serves as an important benchmark for assessing the state of the Midwest fuel market and broader economic trends.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration through surveys of gasoline retailers.
Historical Context
Policymakers and market analysts use this series to inform decisions around energy policy, consumer demand, and economic activity.
Key Facts
- The Midwest accounts for over 20% of total U.S. gasoline consumption.
- Gasoline prices in the Midwest tend to be lower than the national average.
- Prices for all grades and formulations are included in this series.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average retail price of all grades and formulations of gasoline sold in the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The Midwest gas price is a key indicator of consumer spending, energy market conditions, and broader economic activity in the region.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration through surveys of gasoline retailers.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to inform decisions around energy policy, consumer demand, and economic activity.
Q: Are there update delays or limitations?
A: The data is published weekly with minimal delays, providing timely insights into Midwest gasoline market conditions.
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Citation
U.S. Federal Reserve, PADD II (Midwest District) All Grades All Formulations Gas Price (GASALLMWW), retrieved from FRED.