Revenue Per Freight Ton-Mile, All Railroads for United States
Cents, Annual, Not Seasonally Adjusted
A0303DUSA259NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.75
Year-over-Year Change
3.03%
Date Range
1/1/1882 - 1/1/1911
Summary
This economic trend measures the average price per gallon of regular unleaded gasoline in the United States on an annual basis. It is a key indicator of consumer purchasing power and energy costs.
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 Cents, Annual, Not Seasonally Adjusted trend represents the average price per gallon of regular gasoline paid by consumers in the U.S. over the course of a calendar year. This metric is widely used by economists, policymakers, and market analysts to gauge inflationary pressures and assess consumer behavior.
Methodology
The data is collected through surveys of gas stations nationwide by the U.S. Energy Information Administration.
Historical Context
Gasoline prices directly impact household budgets and spending, making this trend relevant for economic policy decisions.
Key Facts
- The U.S. national average price for regular gasoline was $3.28 per gallon in 2022.
- Gasoline prices have risen over 50% since 2020 due to supply chain issues and geopolitical events.
- Transportation accounts for nearly 20% of the average U.S. household budget.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per gallon of regular unleaded gasoline paid by consumers in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key driver of consumer purchasing power and inflation, making this metric highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gas stations nationwide by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Gasoline prices are closely monitored by the Federal Reserve and other policymakers as a leading indicator of inflation and consumer spending behavior.
Q: Are there update delays or limitations?
A: The data is released on an annual basis with a short lag, providing a reliable but limited snapshot of gasoline prices over the course of a year.
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Citation
U.S. Federal Reserve, Cents, Annual, Not Seasonally Adjusted (A0303DUSA259NNBR), retrieved from FRED.