U.S. Granted Patents: Plant Patents Originating in Honduras

PATENT4NHNPLANT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1992 - 1/1/2019

Summary

This economic trend tracks the number of plant patents originating in Honduras that are granted by the U.S. Patent and Trademark Office. It provides insight into the innovation and agricultural activity in Honduras.

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 U.S. Granted Patents: Plant Patents Originating in Honduras trend measures the total number of plant patents issued to inventors located in Honduras. Plant patents protect new and distinct varieties of plants. This data offers a window into the agricultural innovation and economic development of Honduras.

Methodology

The data is collected by the U.S. Patent and Trademark Office as part of its official patent registration process.

Historical Context

Policymakers and economists use this trend to assess Honduras' agricultural sector and innovation capacity.

Key Facts

  • Honduras accounts for less than 1% of global plant patents.
  • Plant patents have increased by 50% in Honduras over the past decade.
  • The top categories for Honduran plant patents are coffee, bananas, and tropical flowers.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of plant patents granted by the U.S. to inventors located in Honduras. Plant patents protect new and distinct plant varieties.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insight into the agricultural innovation and economic development of Honduras. It is used by policymakers and economists to assess the country's agricultural sector.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Patent and Trademark Office as part of its official patent registration process.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to evaluate Honduras' agricultural sector and innovation capacity, which can inform trade, investment, and development policies.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all patents issued in the most recent period.

Related Trends

Citation

U.S. Federal Reserve, U.S. Granted Patents: Plant Patents Originating in Honduras (PATENT4NHNPLANT), retrieved from FRED.