Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class B/C
APUN00074714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.19
Year-over-Year Change
-8.45%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of unleaded regular gasoline in the United States. It is a key indicator of consumer energy costs and can provide insights into broader economic conditions.
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 Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class B/C metric tracks the average retail price of regular-grade gasoline adjusted for volume. It serves as a benchmark for consumer spending on one of the most widely used transportation fuels.
Methodology
The data is collected through surveys of gasoline retailers and service stations across the country.
Historical Context
This trend is closely monitored by policymakers, analysts, and consumers to assess the state of the energy market and its impact on the broader economy.
Key Facts
- Gasoline is one of the most widely consumed petroleum products in the US.
- The price of gasoline can significantly impact household budgets and business costs.
- Fluctuations in gasoline prices are closely watched as an indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded regular gasoline in the United States, adjusted for volume.
Q: Why is this trend relevant for users or analysts?
A: The price of gasoline is a key indicator of consumer energy costs and can provide insights into broader economic conditions, making it relevant for policymakers, analysts, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers and service stations across the country.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to assess the state of the energy market and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting due to the nature of the survey-based collection process.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Size Class B/C (APUN00074714), retrieved from FRED.