Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the Middle Atlantic Census Division
APU012074714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.22
Year-over-Year Change
-11.05%
Date Range
1/1/2018 - 6/1/2025
Summary
This economic trend measures the average price of unleaded regular gasoline in the Middle Atlantic Census Division. It provides important insights into consumer fuel 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, Unleaded Regular trend tracks the average cost per gallon of unleaded regular gasoline in the Middle Atlantic states. This metric is a key indicator for analyzing consumer spending, transportation costs, and regional price variations.
Methodology
The data is collected through surveys of gas stations and retailers in the Middle Atlantic region.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess energy price inflation and its impact on household budgets and business operations.
Key Facts
- The Middle Atlantic region includes New York, New Jersey, and Pennsylvania.
- Gasoline prices can significantly impact household budgets and business costs.
- Regional price variations are influenced by factors like transportation, taxes, and supply/demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of unleaded regular gasoline in the Middle Atlantic Census Division, which includes New York, New Jersey, and Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer fuel costs and regional price dynamics, which are crucial for understanding household budgets, transportation expenses, and the broader economic environment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gas stations and retailers in the Middle Atlantic region.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and market analysts to assess energy price inflation and its impact on household budgets and business operations.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be occasional delays or revisions due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the Middle Atlantic Census Division (APU012074714), retrieved from FRED.