PADD IV (Rocky Mountain District) Premium Conventional Gas Price
Weekly
GASPRMCOVRMW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.79
Year-over-Year Change
2.46%
Date Range
7/10/2006 - 9/1/2025
Summary
The Weekly Gas Price (GASPRMCOVRMW) measures the average price of regular gasoline in the United States on a weekly basis. This trend is closely watched by economists and policymakers as it provides timely insight into 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 Weekly Gas Price tracks the average retail price of regular gasoline across the United States. It serves as an important indicator of consumer purchasing power and transportation costs, influencing both household budgets and broader economic conditions.
Methodology
The data is collected through a survey of gas stations and fuel retailers across the country.
Historical Context
Policymakers monitor this trend to assess the impact of gasoline prices on inflation and consumer confidence.
Key Facts
- Gasoline accounts for a significant portion of household budgets.
- Fluctuations in gas prices can affect consumer behavior and broader economic conditions.
- The Weekly Gas Price is a widely tracked economic indicator.
FAQs
Q: What does this economic trend measure?
A: The Weekly Gas Price (GASPRMCOVRMW) measures the average retail price of regular gasoline across the United States on a weekly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists and policymakers as it provides timely insight into consumer spending and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through a survey of gas stations and fuel retailers across the country.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to assess the impact of gasoline prices on inflation and consumer confidence.
Q: Are there update delays or limitations?
A: The Weekly Gas Price data is published with a relatively short delay, providing timely information on market conditions.
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Citation
U.S. Federal Reserve, Weekly Gas Price (GASPRMCOVRMW), retrieved from FRED.