PADD II (Midwest District) Regular Reformulated Gas Price
Monthly
GASREGREFMWM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.29
Year-over-Year Change
-12.47%
Date Range
12/1/1994 - 8/1/2025
Summary
The Monthly gasoline price trend tracks the average price of regular grade gasoline in the United States. This metric is crucial for understanding consumer spending and inflation.
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 trend measures the average retail price of regular grade gasoline across the U.S. This data is widely used by economists, policymakers, and the public to analyze consumer behavior, energy costs, and inflationary pressures.
Methodology
The data is collected through surveys of gasoline retailers across the country.
Historical Context
Gasoline prices are a key factor in consumer spending and have significant implications for monetary and fiscal policy.
Key Facts
- Gasoline is a major household expense for most Americans.
- Prices fluctuate due to global supply and demand dynamics.
- Gasoline prices influence consumer confidence and spending.
FAQs
Q: What does this economic trend measure?
A: The Monthly gasoline price trend tracks the average retail price of regular grade gasoline across the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a crucial indicator of consumer spending, energy costs, and inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers across the country.
Q: How is this trend used in economic policy?
A: Gasoline prices are closely monitored by policymakers, central banks, and analysts to assess the broader state of the economy and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short delay, providing a timely view of changes in gasoline prices.
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Citation
U.S. Federal Reserve, Gasoline Prices (GASREGREFMWM), retrieved from FRED.