Reformulated Gasoline Blendstock for Oxygenate Blending (RBOB) Prices: Regular Gasoline: Los Angeles
Weekly
WRGASLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
4.85%
Date Range
6/30/2006 - 8/22/2025
Summary
The 'Weekly' economic trend measures U.S. retail gasoline prices. It is a key indicator of consumer behavior and energy costs that informs policymakers and analysts.
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 tracks the average price of regular-grade gasoline sold by U.S. retail outlets on a weekly basis. This metric is widely used to monitor energy inflation, consumer spending, and the broader state of the economy.
Methodology
The data is collected through surveys of a representative sample of U.S. retail gasoline stations.
Historical Context
Policymakers and market analysts closely follow this trend to assess the impact of gasoline prices on household budgets and the broader economy.
Key Facts
- Gasoline is a major household expense, accounting for about 3% of consumer spending.
- Retail gasoline prices can significantly impact consumer confidence and discretionary spending.
- Fluctuations in gasoline prices are closely monitored by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Weekly' trend measures the average price of regular-grade gasoline sold at U.S. retail outlets on a weekly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of energy costs, consumer behavior, and broader economic conditions that informs policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a representative sample of U.S. retail gasoline stations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the impact of gasoline prices on household budgets and the broader economy.
Q: Are there update delays or limitations?
A: The 'Weekly' retail gasoline price data is released on a timely basis with minimal delays, providing near real-time insights into energy market dynamics.
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Citation
U.S. Federal Reserve, Weekly Retail Gasoline Prices (WRGASLA), retrieved from FRED.