Weekly
This dataset tracks weekly over time.
Latest Value
3.60
Year-over-Year Change
6.69%
Date Range
11/28/1994 - 9/1/2025
Summary
The 'Weekly' economic trend, as measured by the GASALLREFMWW series ID, tracks the average price of all grades of retail gasoline sold in the United States on a weekly basis. This metric is closely watched by economists and policymakers as an indicator of consumer behavior 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
The 'Weekly' trend represents the national average price of retail gasoline, including all formulations and grades, reported on a weekly cadence. This data is used to analyze consumer spending patterns, cost-of-living changes, and the potential impact of fuel prices on broader economic activity.
Methodology
The data is collected through a survey of retail gasoline stations nationwide by the U.S. Energy Information Administration.
Historical Context
Policymakers and market analysts use this weekly gasoline price data to inform decisions and forecasts related to inflation, consumer confidence, and the health of the broader economy.
Key Facts
- Gasoline is a major component of the Consumer Price Index (CPI).
- Retail gasoline prices can impact consumer spending and business costs.
- Weekly price data allows for timely analysis of changing fuel market conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Weekly' trend measures the national average retail price of all grades of gasoline sold in the United States on a weekly basis.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer spending, inflationary pressures, and the overall health of the economy, making this weekly data highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail gasoline stations by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor weekly gasoline price trends to inform decisions and forecasts related to inflation, consumer confidence, and the broader economic outlook.
Q: Are there update delays or limitations?
A: The weekly gasoline price data is released with a short lag, typically within a few days of the end of each week, providing timely information to users.
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Citation
U.S. Federal Reserve, Weekly (GASALLREFMWW), retrieved from FRED.