Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in St. Louis, MO-IL (CBSA)
APUS24B7471A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.05
Year-over-Year Change
-9.61%
Date Range
1/1/1978 - 6/1/2025
Summary
This economic trend tracks the average price of gasoline per gallon in the St. Louis, MO-IL metropolitan area. It is a key indicator of consumer energy costs and regional price dynamics.
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, All Types (Cost per Gallon/3.785 Liters) in St. Louis, MO-IL (CBSA) series measures the daily, weekly, and monthly average retail price of all grades of gasoline sold in the St. Louis metropolitan statistical area. This metric is widely used by economists, policymakers, and consumers to monitor fuel price trends and assess the impact on household budgets and business costs.
Methodology
The data is collected through a survey of fuel retailers in the St. Louis region.
Historical Context
Gasoline prices are a significant component of the Consumer Price Index and influence broader economic policy decisions.
Key Facts
- Gasoline is the most widely used transportation fuel in the U.S.
- Prices can fluctuate significantly due to global supply and demand dynamics.
- The St. Louis metro area is a major Midwest economic hub.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average retail price of all grades of gasoline sold per gallon in the St. Louis, MO-IL metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer energy costs and broader economic conditions, making this metric highly relevant for economists, policymakers, and households.
Q: How is this data collected or calculated?
A: The data is collected through a survey of fuel retailers in the St. Louis region.
Q: How is this trend used in economic policy?
A: Gasoline prices are a significant component of the Consumer Price Index and influence broader economic policy decisions, such as interest rates and inflation targeting.
Q: Are there update delays or limitations?
A: The data is updated daily and has minimal reporting delays, providing timely insights on regional fuel price dynamics.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in St. Louis, MO-IL (CBSA) (APUS24B7471A), retrieved from FRED.