Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA)
APUS37A74713 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.20
Year-over-Year Change
51.90%
Date Range
1/1/1978 - 5/1/1980
Summary
This trend measures the average price of leaded premium gasoline per gallon in the Dallas-Fort Worth-Arlington, TX metropolitan area. It is a key indicator of consumer fuel costs and regional market conditions.
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 Premium (Cost per Gallon/3.8 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA) series tracks the retail price of premium-grade gasoline in this major Texas metropolitan area. It provides insight into regional fuel market dynamics and consumer spending power.
Methodology
The data is collected through surveys of gasoline retailers in the Dallas-Fort Worth-Arlington, TX Core-Based Statistical Area.
Historical Context
This price trend is closely monitored by policymakers, economists, and consumers to assess the cost of living and overall economic conditions.
Key Facts
- Gasoline is a major household expense for many Texans.
- Dallas-Fort Worth is the fourth-largest metropolitan area in the U.S.
- Premium gasoline typically costs more than regular grade fuel.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of leaded premium gasoline per gallon in the Dallas-Fort Worth-Arlington, Texas metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: The Dallas-Fort Worth gasoline price trend provides important insights into regional consumer fuel costs and market conditions that impact household budgets and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in the Dallas-Fort Worth-Arlington, TX Core-Based Statistical Area.
Q: How is this trend used in economic policy?
A: This price trend is closely monitored by policymakers, economists, and consumers to assess the cost of living and overall economic conditions in the region.
Q: Are there update delays or limitations?
A: The data is published with a short lag and may not capture intra-month price fluctuations.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A74713), retrieved from FRED.