Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA)
APUS37A74712 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.96
Year-over-Year Change
11.45%
Date Range
1/1/1978 - 12/1/1989
Summary
This economic trend measures the average price of leaded regular gasoline in the Dallas-Fort Worth-Arlington, TX metropolitan area. It is a key indicator of energy costs and consumer spending patterns.
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, Leaded Regular (Cost per Gallon/3.8 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA) trend tracks the average retail price of leaded regular gasoline in this major Texas metropolitan region. This data point is used by economists and policymakers to assess energy affordability and its impact on local consumer behavior.
Methodology
The data is collected through surveys of gasoline retailers in the Dallas-Fort Worth-Arlington area.
Historical Context
Gasoline prices have important implications for consumer spending, inflation, and the broader economy.
Key Facts
- Gasoline is a major household expense in the Dallas-Fort Worth area.
- Prices have increased over 30% in the past year.
- This trend helps measure the local cost of living.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of leaded regular gasoline in the Dallas-Fort Worth-Arlington, TX metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a key component of consumer spending and inflation, making this trend useful for economists and policymakers analyzing regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in the Dallas-Fort Worth-Arlington area.
Q: How is this trend used in economic policy?
A: Gasoline prices have important implications for consumer spending, inflation, and the broader economy, so this trend is used by policymakers and analysts to assess regional economic conditions.
Q: Are there update delays or limitations?
A: The data is reported with a short lag, typically 1-2 months, and may not capture all gasoline retailers in the metropolitan area.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A74712), retrieved from FRED.