Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in the Pacific Census Division
APU049074715 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.71
Year-over-Year Change
-3.31%
Date Range
1/1/2018 - 6/1/2025
Summary
This economic trend measures the average price of unleaded midgrade gasoline in the Pacific Census Division. It provides important insights into consumer spending, inflation, and regional fuel market 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 Midgrade (Cost per Gallon/3.785 Liters) in the Pacific Census Division tracks the retail price of a key consumer product across a major U.S. geographic region. This data is used by economists, policymakers, and market analysts to assess energy costs, consumer behavior, and regional economic conditions.
Methodology
The data is collected through surveys of fuel retailers in the Pacific Census Division.
Historical Context
This trend is closely monitored for its implications on household budgets, transportation costs, and the broader macroeconomic environment.
Key Facts
- Gasoline is a major household expense for most Americans.
- The Pacific Census Division includes California, Oregon, Washington, Alaska, and Hawaii.
- Unleaded midgrade fuel represents a popular and widely-used consumer gasoline grade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded midgrade gasoline across the Pacific Census Division, which includes several major West Coast states.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key indicator of consumer spending power, transportation costs, and broader economic conditions. This regional data provides important insights for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers in the Pacific Census Division.
Q: How is this trend used in economic policy?
A: Gasoline price trends are closely monitored by economists and policymakers to assess inflationary pressures, consumer behavior, and the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely insights into regional fuel market dynamics.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in the Pacific Census Division (APU049074715), retrieved from FRED.