Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Urban Hawaii (CBSA)
APUS49F74716 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.87
Year-over-Year Change
-4.08%
Date Range
2/1/1986 - 6/1/2025
Summary
This economic trend measures the average price of unleaded premium gasoline per gallon in urban areas of Hawaii. It is a key indicator of energy costs and consumer spending in the state.
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 Premium (Cost per Gallon/3.785 Liters) in Urban Hawaii (CBSA) series tracks the retail price of premium gasoline, a vital energy source for consumers and businesses. This metric is used to assess the impact of fuel prices on household budgets and the broader economy.
Methodology
The data is collected through surveys of gasoline retailers in urban Hawaii regions.
Historical Context
Policymakers and analysts monitor this trend to understand the state's cost of living and the potential impacts on consumer behavior and business operations.
Key Facts
- Hawaii has the highest average gasoline prices in the United States.
- Prices can fluctuate significantly due to the state's reliance on imported fuel.
- Gasoline accounts for a large portion of household budgets in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded premium gasoline per gallon in urban areas of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: Gasoline prices are a vital indicator of energy costs and consumer spending in Hawaii, providing insights into the state's cost of living and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gasoline retailers in urban Hawaii regions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand the impact of fuel prices on household budgets and business operations in Hawaii.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the survey collection process and may not fully capture price variations within the state.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Urban Hawaii (CBSA) (APUS49F74716), retrieved from FRED.