PADD I (East Coast District) Midgrade All Formulations Gas Price
GASMIDECW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.49
Year-over-Year Change
0.55%
Date Range
7/3/2006 - 8/25/2025
Summary
The 'PADD I (East Coast District) Midgrade All Formulations Gas Price' measures the average retail price of midgrade gasoline in the East Coast region of the United States. This data point is important for understanding regional fuel market dynamics 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
This economic indicator tracks the average price per gallon of midgrade gasoline sold at retail stations across the East Coast region, which includes states from Maine to Florida. Analysts and policymakers use this data to monitor regional fuel price trends and their impact on consumer behavior and the broader economy.
Methodology
The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Historical Context
Policymakers and market analysts closely follow regional gasoline price trends to assess the economic impact on consumers and businesses.
Key Facts
- Midgrade gasoline accounts for approximately 10-15% of total U.S. retail gasoline sales.
- Prices for midgrade fuel typically fall between regular and premium grades.
- The East Coast region consumes about 23% of the nation's total gasoline supply.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the average retail price per gallon of midgrade gasoline sold in the East Coast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring regional gasoline price trends is important for understanding consumer spending patterns and the broader economic impacts of fuel costs.
Q: How is this data collected or calculated?
A: The data is collected through surveys of fuel retailers by the U.S. Energy Information Administration.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely follow regional gasoline price trends to assess the economic impact on consumers and businesses.
Q: Are there update delays or limitations?
A: The data is published weekly with a typical 1-2 week delay, and may not capture all retail outlets in the region.
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Citation
U.S. Federal Reserve, PADD I (East Coast District) Midgrade All Formulations Gas Price (GASMIDECW), retrieved from FRED.