U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Texas
PATENTCBSA000148 • 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 tracks the number of utility patents originating in an undetermined statistical area in Texas. It is an important indicator of innovation and technological progress in the state.
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 Texas metric measures the volume of new inventions and innovations coming from an unspecified region within the state. This data point is used by economists and policymakers to assess Texas's broader economic and technological development.
Methodology
The data is collected and calculated by the United States Patent and Trademark Office.
Historical Context
This trend is closely monitored by industry analysts and government agencies to understand broader innovation and competitiveness trends.
Key Facts
- Texas ranks among the top states for utility patent generation.
- Utility patents represent new, useful, and non-obvious inventions.
- The undetermined statistical area accounts for a significant share of Texas patents.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents originating from an unspecified geographic area within the state of Texas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative capacity and technological progress in Texas, which is a key driver of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and tabulated by the United States Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this data to assess Texas's innovation ecosystem and inform strategies to foster continued technological advancement.
Q: Are there update delays or limitations?
A: There may be lags in reporting and some geographic uncertainty due to the unspecified nature of the statistical area.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in an Undetermined Statistical Area in Texas (PATENTCBSA000148), retrieved from FRED.