U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Florida

PATENTCBSA000112 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/2000 - 1/1/2015

Summary

This economic trend measures the number of utility patents originating in Florida's undetermined statistical areas. It provides insight into innovation and technological progress within these less-defined geographic regions.

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 Utility Patents Originating in an Undetermined Statistical Area in Florida metric tracks patent activity in Florida locations that cannot be assigned to a specific metropolitan or micropolitan statistical area. This data offers a window into entrepreneurial and R&D activity in more rural or unincorporated parts of the state.

Methodology

The data is collected by the U.S. Patent and Trademark Office and categorized by the geographic origin of patent filings.

Historical Context

This trend is useful for policymakers and economists analyzing regional innovation patterns and the distribution of technological development.

Key Facts

  • Florida has over 67 counties and many unincorporated communities.
  • Patent activity can signal entrepreneurship and technological progress.
  • Undetermined areas account for a small but significant portion of Florida's patent filings.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of utility patents originating in Florida's undetermined statistical areas, which are geographic regions that cannot be assigned to a specific metropolitan or micropolitan area.

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

A: This data provides insight into entrepreneurial and R&D activity occurring in more rural or unincorporated parts of Florida, offering a window into regional innovation patterns that may not be captured by metropolitan-level statistics.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Patent and Trademark Office and categorized by the geographic origin of patent filings.

Q: How is this trend used in economic policy?

A: This trend is useful for policymakers and economists analyzing the distribution of technological development and innovation across different regions within a state.

Q: Are there update delays or limitations?

A: There may be lags in the reporting of patent data, and the categorization of geographic origin can be challenging for unincorporated areas.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Florida (PATENTCBSA000112), retrieved from FRED.