Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Urban
APU010074717 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.77
Year-over-Year Change
-7.88%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of automotive diesel fuel in the Northeast Census Region of the United States, focusing on urban areas. It provides valuable insights into energy costs and industry trends.
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: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Urban series tracks the retail price of diesel fuel in the Northeastern United States, serving as an important indicator for transportation, logistics, and energy-intensive industries.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through regular surveys of fuel retailers.
Historical Context
This trend is closely monitored by policymakers, businesses, and consumers to understand the economic and market factors influencing energy prices.
Key Facts
- Diesel fuel is a key input for transportation, logistics, and industrial sectors.
- The Northeast Census Region includes 9 states, including New York and Pennsylvania.
- Prices can fluctuate due to factors like global oil markets and regional supply and demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of automotive diesel fuel in the Northeast Census Region of the United States, focusing specifically on urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into energy costs and industry trends, as diesel fuel is a critical input for transportation, logistics, and energy-intensive sectors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through regular surveys of fuel retailers.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, businesses, and consumers to understand the economic and market factors influencing energy prices and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Urban (APU010074717), retrieved from FRED.