Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling: Total for Colombia
Quarterly
COLCP040400GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.09
Year-over-Year Change
1004.15%
Date Range
4/1/2009 - 7/1/2023
Summary
The Quarterly Consumption of Motor Gasoline measures total motor gasoline consumed in the United States on a quarterly basis. This metric is a key indicator of consumer demand and economic activity.
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 Quarterly Consumption of Motor Gasoline tracks the total volume of motor gasoline consumed by the U.S. transportation sector, including private vehicles, commercial fleets, and other road users. It serves as an important barometer of consumer behavior and the overall health of the economy.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration based on surveys of fuel suppliers and distributors.
Historical Context
Economists and policymakers monitor this trend to assess consumer spending patterns and energy demand.
Key Facts
- Motor gasoline accounts for over 45% of total U.S. petroleum consumption.
- Quarterly consumption peaked at 3.72 billion gallons in Q4 2020.
- Gasoline consumption is closely tied to economic growth and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Consumption of Motor Gasoline tracks the total volume of motor gasoline consumed in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric serves as an important indicator of consumer demand, energy usage, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration based on surveys of fuel suppliers and distributors.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess consumer spending patterns, energy demand, and the health of the broader economy.
Q: Are there update delays or limitations?
A: The Quarterly Consumption of Motor Gasoline data is published with a delay of approximately 2-3 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Consumption of Motor Gasoline (COLCP040400GPQ), retrieved from FRED.