{
  "meta": {
    "slug": "the-pump-tax",
    "name": "Gas Price to Pay Ratio",
    "branded_name": "The Pump Tax",
    "description": null,
    "source": "Computed (U.S. Energy Information Administration/U.S. Bureau of Labor Statistics data retrieved via FRED: GASREGW / LES1252881500Q)",
    "source_credit": null,
    "source_url": "https://fred.stlouisfed.org/series/GASREGW",
    "frequency": "quarterly",
    "units": "percent",
    "fred_series_id": null,
    "fred_edge_series_id": null,
    "bls_series_id": null,
    "series_id": null,
    "measurement_basis": "Quarterly average U.S. retail price of a gallon of regular gasoline (EIA, GASREGW) divided by median usual weekly earnings of full-time wage and salary workers in current dollars (BLS, LES1252881500Q), times 100: one gallon as a share of a week's median pay. Both legs are in current dollars.",
    "door": 0,
    "trend": "rising",
    "trend_suppressed": null,
    "series_breaks": [
      {
        "date": "2018-05-14",
        "reason": "EIA replaced its retail gasoline price sample, frame, estimation method and city definitions on May 14, 2018 and says estimates on either side are not directly comparable.",
        "source_url": "https://www.eia.gov/petroleum/gasdiesel/gas_proc-methods.php"
      }
    ],
    "direction": "higher_is_worse",
    "last_updated": "2026-10-22T00:00:00Z",
    "stale": false,
    "stale_reason": null,
    "data_status": "current",
    "page_url": "https://americandefault.org/indicators/the-pump-tax/",
    "attribution": "American Default (americandefault.org) — Our analysis is free to use with attribution to American Default Research. Source data stays under each publisher's terms; cite the source named here."
  },
  "current": {
    "value": 0.3318,
    "date": "2026-07-01"
  },
  "last_verified": null,
  "data": [
    {
      "date": "1990-07-01",
      "value": 0.3021
    },
    {
      "date": "1990-10-01",
      "value": 0.3193
    },
    {
      "date": "1991-01-01",
      "value": 0.2558
    },
    {
      "date": "1991-04-01",
      "value": 0.2618
    },
    {
      "date": "1991-07-01",
      "value": 0.259
    },
    {
      "date": "1991-10-01",
      "value": 0.2528
    },
    {
      "date": "1992-01-01",
      "value": 0.2319
    },
    {
      "date": "1992-04-01",
      "value": 0.2522
    },
    {
      "date": "1992-07-01",
      "value": 0.2542
    },
    {
      "date": "1992-10-01",
      "value": 0.2487
    },
    {
      "date": "1993-01-01",
      "value": 0.2346
    },
    {
      "date": "1993-04-01",
      "value": 0.2391
    },
    {
      "date": "1993-07-01",
      "value": 0.2306
    },
    {
      "date": "1993-10-01",
      "value": 0.2275
    },
    {
      "date": "1994-01-01",
      "value": 0.217
    },
    {
      "date": "1994-04-01",
      "value": 0.225
    },
    {
      "date": "1994-07-01",
      "value": 0.2433
    },
    {
      "date": "1994-10-01",
      "value": 0.2356
    },
    {
      "date": "1995-01-01",
      "value": 0.2275
    },
    {
      "date": "1995-04-01",
      "value": 0.2436
    },
    {
      "date": "1995-07-01",
      "value": 0.2337
    },
    {
      "date": "1995-10-01",
      "value": 0.2229
    },
    {
      "date": "1996-01-01",
      "value": 0.2282
    },
    {
      "date": "1996-04-01",
      "value": 0.2569
    },
    {
      "date": "1996-07-01",
      "value": 0.2459
    },
    {
      "date": "1996-10-01",
      "value": 0.2469
    },
    {
      "date": "1997-01-01",
      "value": 0.245
    },
    {
      "date": "1997-04-01",
      "value": 0.2388
    },
    {
      "date": "1997-07-01",
      "value": 0.2404
    },
    {
      "date": "1997-10-01",
      "value": 0.2291
    },
    {
      "date": "1998-01-01",
      "value": 0.2031
    },
    {
      "date": "1998-04-01",
      "value": 0.2034
    },
    {
      "date": "1998-07-01",
      "value": 0.1962
    },
    {
      "date": "1998-10-01",
      "value": 0.1835
    },
    {
      "date": "1999-01-01",
      "value": 0.1782
    },
    {
      "date": "1999-04-01",
      "value": 0.2062
    },
    {
      "date": "1999-07-01",
      "value": 0.22
    },
    {
      "date": "1999-10-01",
      "value": 0.2226
    },
    {
      "date": "2000-01-01",
      "value": 0.244
    },
    {
      "date": "2000-04-01",
      "value": 0.2666
    },
    {
      "date": "2000-07-01",
      "value": 0.2632
    },
    {
      "date": "2000-10-01",
      "value": 0.2582
    },
    {
      "date": "2001-01-01",
      "value": 0.2455
    },
    {
      "date": "2001-04-01",
      "value": 0.2723
    },
    {
      "date": "2001-07-01",
      "value": 0.2415
    },
    {
      "date": "2001-10-01",
      "value": 0.1977
    },
    {
      "date": "2002-01-01",
      "value": 0.1906
    },
    {
      "date": "2002-04-01",
      "value": 0.2288
    },
    {
      "date": "2002-07-01",
      "value": 0.2299
    },
    {
      "date": "2002-10-01",
      "value": 0.2319
    },
    {
      "date": "2003-01-01",
      "value": 0.2595
    },
    {
      "date": "2003-04-01",
      "value": 0.2462
    },
    {
      "date": "2003-07-01",
      "value": 0.2592
    },
    {
      "date": "2003-10-01",
      "value": 0.2432
    },
    {
      "date": "2004-01-01",
      "value": 0.2636
    },
    {
      "date": "2004-04-01",
      "value": 0.2994
    },
    {
      "date": "2004-07-01",
      "value": 0.297
    },
    {
      "date": "2004-10-01",
      "value": 0.3008
    },
    {
      "date": "2005-01-01",
      "value": 0.2985
    },
    {
      "date": "2005-04-01",
      "value": 0.3376
    },
    {
      "date": "2005-07-01",
      "value": 0.3923
    },
    {
      "date": "2005-10-01",
      "value": 0.3665
    },
    {
      "date": "2006-01-01",
      "value": 0.3532
    },
    {
      "date": "2006-04-01",
      "value": 0.4297
    },
    {
      "date": "2006-07-01",
      "value": 0.419
    },
    {
      "date": "2006-10-01",
      "value": 0.332
    },
    {
      "date": "2007-01-01",
      "value": 0.3422
    },
    {
      "date": "2007-04-01",
      "value": 0.4333
    },
    {
      "date": "2007-07-01",
      "value": 0.4097
    },
    {
      "date": "2007-10-01",
      "value": 0.4227
    },
    {
      "date": "2008-01-01",
      "value": 0.437
    },
    {
      "date": "2008-04-01",
      "value": 0.5238
    },
    {
      "date": "2008-07-01",
      "value": 0.5299
    },
    {
      "date": "2008-10-01",
      "value": 0.3093
    },
    {
      "date": "2009-01-01",
      "value": 0.2589
    },
    {
      "date": "2009-04-01",
      "value": 0.3174
    },
    {
      "date": "2009-07-01",
      "value": 0.3463
    },
    {
      "date": "2009-10-01",
      "value": 0.349
    },
    {
      "date": "2010-01-01",
      "value": 0.363
    },
    {
      "date": "2010-04-01",
      "value": 0.3784
    },
    {
      "date": "2010-07-01",
      "value": 0.3649
    },
    {
      "date": "2010-10-01",
      "value": 0.3843
    },
    {
      "date": "2011-01-01",
      "value": 0.4365
    },
    {
      "date": "2011-04-01",
      "value": 0.5045
    },
    {
      "date": "2011-07-01",
      "value": 0.4782
    },
    {
      "date": "2011-10-01",
      "value": 0.4437
    },
    {
      "date": "2012-01-01",
      "value": 0.4694
    },
    {
      "date": "2012-04-01",
      "value": 0.4841
    },
    {
      "date": "2012-07-01",
      "value": 0.4768
    },
    {
      "date": "2012-10-01",
      "value": 0.4548
    },
    {
      "date": "2013-01-01",
      "value": 0.4644
    },
    {
      "date": "2013-04-01",
      "value": 0.4635
    },
    {
      "date": "2013-07-01",
      "value": 0.4577
    },
    {
      "date": "2013-10-01",
      "value": 0.4203
    },
    {
      "date": "2014-01-01",
      "value": 0.4318
    },
    {
      "date": "2014-04-01",
      "value": 0.4707
    },
    {
      "date": "2014-07-01",
      "value": 0.4378
    },
    {
      "date": "2014-10-01",
      "value": 0.3584
    },
    {
      "date": "2015-01-01",
      "value": 0.2843
    },
    {
      "date": "2015-04-01",
      "value": 0.333
    },
    {
      "date": "2015-07-01",
      "value": 0.3215
    },
    {
      "date": "2015-10-01",
      "value": 0.2633
    },
    {
      "date": "2016-01-01",
      "value": 0.2289
    },
    {
      "date": "2016-04-01",
      "value": 0.2718
    },
    {
      "date": "2016-07-01",
      "value": 0.2649
    },
    {
      "date": "2016-10-01",
      "value": 0.2639
    },
    {
      "date": "2017-01-01",
      "value": 0.2713
    },
    {
      "date": "2017-04-01",
      "value": 0.2764
    },
    {
      "date": "2017-07-01",
      "value": 0.2813
    },
    {
      "date": "2017-10-01",
      "value": 0.2944
    },
    {
      "date": "2018-01-01",
      "value": 0.2944
    },
    {
      "date": "2018-04-01",
      "value": 0.3226
    },
    {
      "date": "2018-07-01",
      "value": 0.3188
    },
    {
      "date": "2018-10-01",
      "value": 0.2924
    },
    {
      "date": "2019-01-01",
      "value": 0.2623
    },
    {
      "date": "2019-04-01",
      "value": 0.3054
    },
    {
      "date": "2019-07-01",
      "value": 0.2881
    },
    {
      "date": "2019-10-01",
      "value": 0.2773
    },
    {
      "date": "2020-01-01",
      "value": 0.2518
    },
    {
      "date": "2020-04-01",
      "value": 0.1927
    },
    {
      "date": "2020-07-01",
      "value": 0.2194
    },
    {
      "date": "2020-10-01",
      "value": 0.2187
    },
    {
      "date": "2021-01-01",
      "value": 0.261
    },
    {
      "date": "2021-04-01",
      "value": 0.2982
    },
    {
      "date": "2021-07-01",
      "value": 0.315
    },
    {
      "date": "2021-10-01",
      "value": 0.3309
    },
    {
      "date": "2022-01-01",
      "value": 0.3539
    },
    {
      "date": "2022-04-01",
      "value": 0.4284
    },
    {
      "date": "2022-07-01",
      "value": 0.38
    },
    {
      "date": "2022-10-01",
      "value": 0.332
    },
    {
      "date": "2023-01-01",
      "value": 0.3081
    },
    {
      "date": "2023-04-01",
      "value": 0.3226
    },
    {
      "date": "2023-07-01",
      "value": 0.3347
    },
    {
      "date": "2023-10-01",
      "value": 0.2963
    },
    {
      "date": "2024-01-01",
      "value": 0.2839
    },
    {
      "date": "2024-04-01",
      "value": 0.3093
    },
    {
      "date": "2024-07-01",
      "value": 0.2882
    },
    {
      "date": "2024-10-01",
      "value": 0.2587
    },
    {
      "date": "2025-01-01",
      "value": 0.2599
    },
    {
      "date": "2025-04-01",
      "value": 0.262
    },
    {
      "date": "2025-07-01",
      "value": 0.2587
    },
    {
      "date": "2026-01-01",
      "value": 0.2561
    },
    {
      "date": "2026-04-01",
      "value": 0.3337
    },
    {
      "date": "2026-07-01",
      "value": 0.3318
    }
  ]
}