Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the South Census Region - Size Class D
APUD30074717 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.63
Year-over-Year Change
11.43%
Date Range
5/1/2005 - 12/1/2017
Summary
This trend measures the average price of automotive diesel fuel in the South Census Region, specifically for size class D vehicles. It provides important insights into the cost of transportation for businesses and consumers in the region.
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 South Census Region - Size Class D trend tracks the average price of diesel fuel for medium-sized vehicles in the southern United States. This data is crucial for understanding the operating costs of commercial and industrial transportation in the region.
Methodology
The data is collected and reported by the U.S. Energy Information Administration (EIA).
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the impact of fuel prices on the regional economy.
Key Facts
- The South Census Region includes 16 states in the southern United States.
- Size class D vehicles are medium-duty trucks and vans.
- Diesel fuel accounts for a significant portion of transportation costs for businesses in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of automotive diesel fuel in the South Census Region, specifically for size class D vehicles.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the operating costs of commercial and industrial transportation in the southern United States, which can impact regional economic activity and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Energy Information Administration (EIA).
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and industry analysts to assess the impact of fuel prices on the regional economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the EIA, with occasional delays due to data collection and reporting processes.
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Citation
U.S. Federal Reserve, Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the South Census Region - Size Class D (APUD30074717), retrieved from FRED.