PADD II (Midwest District) Diesel Sales Price
Monthly
GASDESMWM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.74
Year-over-Year Change
1.55%
Date Range
4/1/1994 - 8/1/2025
Summary
The Monthly Economic Indicator tracks the average price of regular gasoline sold by retailers in the United States. This key metric provides insights into consumer spending and inflation 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 Monthly Economic Indicator represents the national average price per gallon of regular unleaded gasoline. It serves as an important barometer of consumer purchasing power and overall economic conditions.
Methodology
The data is collected through surveys of fuel retailers across the country.
Historical Context
Policymakers and analysts monitor this trend to assess the impact of energy prices on household budgets and the broader economy.
Key Facts
- The all-time high for the Monthly Economic Indicator was $4.70 per gallon in June 2022.
- Gasoline prices can significantly impact consumer confidence and discretionary spending.
- Changes in the Monthly Economic Indicator are closely watched as an input to the Consumer Price Index (CPI).
FAQs
Q: What does this economic trend measure?
A: The Monthly Economic Indicator measures the average price per gallon of regular unleaded gasoline sold by fuel retailers across the United States.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of household budgets and have a significant impact on consumer spending and inflationary pressures in the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers across the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the impact of energy prices on household budgets and the broader economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Monthly Economic Indicator data is published with a short lag, typically within a few days of the end of each month.
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Citation
U.S. Federal Reserve, Monthly Economic Indicator (GASDESMWM), retrieved from FRED.