Monthly
This dataset tracks monthly over time.
Latest Value
3.89
Year-over-Year Change
-5.33%
Date Range
12/1/1994 - 8/1/2025
Summary
The Monthly Gasoline Price (All Grades) trend measures the average retail price of all grades of gasoline sold in the United States. This metric is closely monitored by economists and policymakers to assess 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
The Monthly Gasoline Price (All Grades) is a key economic indicator that provides insight into consumer behavior and the overall state of the economy. The data is used to analyze trends in energy costs, household budgets, and the potential impact on broader economic conditions.
Methodology
The data is collected through a monthly survey of gas stations across the country by the U.S. Energy Information Administration.
Historical Context
Gasoline prices have a significant influence on consumer spending and the overall cost of living, making this trend important for policymakers and market analysts.
Key Facts
- The all-time high for the Monthly Gasoline Price was $4.71 in July 2008.
- Gasoline prices account for a significant portion of household budgets, especially for lower-income families.
- Changes in gasoline prices can have a ripple effect on the broader economy, impacting consumer confidence and spending.
FAQs
Q: What does this economic trend measure?
A: The Monthly Gasoline Price (All Grades) trend measures the average retail price of all grades of gasoline sold in the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices have a significant impact on consumer spending and the overall cost of living, making this trend important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of gas stations across the country by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor gasoline prices as a key indicator of inflationary pressures and consumer spending, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Monthly Gasoline Price (All Grades) data is released with a short delay, typically a few weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly Gasoline Price (All Grades) (GASPRMCOVM), retrieved from FRED.