U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Pennsylvania
PATENTCBSA000142 • 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 granted by the U.S. Patent and Trademark Office that originate in an undetermined statistical area within the state of Pennsylvania. It provides insights into innovative activity and technological progress in the region.
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 Pennsylvania data series tracks the issuance of utility patents, which protect new and useful inventions, that are attributed to an unspecified geographic area within Pennsylvania. This metric is used by economists and policymakers to analyze innovation trends and technological development patterns in the state.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by the U.S. Federal Reserve.
Historical Context
This economic indicator is relevant for understanding regional innovation and R&D investment in Pennsylvania.
Key Facts
- Patents originating in undetermined Pennsylvania areas have increased over the past decade.
- The majority of these patents are in the technology and engineering sectors.
- Pennsylvania ranks among the top U.S. states for utility patent activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate in an undetermined statistical area within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into innovative activity and technological progress in the Pennsylvania region, which is useful for economists and policymakers analyzing regional innovation trends.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for understanding regional innovation and R&D investment patterns in Pennsylvania, which can inform economic development policies.
Q: Are there update delays or limitations?
A: There may be lags in the data availability due to the time required for patent applications to be processed and aggregated by the government agencies.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Pennsylvania (PATENTCBSA000142), retrieved from FRED.