# Sliding Diesel Prices Signal Warning for U.S. Economy

> A nationwide freight slowdown has helped cut U.S. diesel prices roughly in half from last year's record. Wholesale diesel fell to $2.65 a gallon in New York Harbor, down from $5.34 last May.

- Date: 2023-04-25 · published 2023-04-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/36578-sliding-diesel-prices-signal-warning-for-u-s-economy
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Falling diesel reflects weaker freight and industrial demand, a macro warning sign; lower fuel costs ease farm and feed transport expenses but signal softer demand for goods and grain hauling.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-04-06 | [Global diesel prices fall as economic slowdown intensifies](https://feedsoft.ai/events/36585-global-diesel-prices-fall-as-economic-slowdown-intensifies.md) | -2.0% | -18.8% |
| DIESEL | 2023-06-06 | [U.S. diesel demand is falling despite economic growth](https://feedsoft.ai/events/35684-u-s-diesel-demand-is-falling-despite-economic-growth.md) | -2.5% | +5.3% |
| DIESEL | 2022-12-09 | [U.S. diesel stocks start to normalise as economy slows](https://feedsoft.ai/events/38425-u-s-diesel-stocks-start-to-normalise-as-economy-slows.md) | +14.5% | +6.9% |
| DIESEL | 2025-05-06 | [Why oil prices are falling and what it means for the economy : NPR](https://feedsoft.ai/events/24843-why-oil-prices-are-falling-and-what-it-means-for-the-economy-npr.md) | +6.7% | +6.1% |
| DIESEL | 2023-02-10 | [U.S. diesel prices drop as Europe's ban on Russian imports begins](https://feedsoft.ai/events/37497-u-s-diesel-prices-drop-as-europe-s-ban-on-russian-imports-begins.md) | -0.8% | -1.1% |

## Sources

- wsj.com: https://www.wsj.com/articles/sliding-diesel-prices-signal-warning-for-u-s-economy-c6400724

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.