U.S. Granted Utility Patents Originating in Abilene, TX (MSA)
This dataset tracks u.s. granted utility patents originating in abilene, tx (msa) over time.
Latest Value
8.00
Year-over-Year Change
100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted to inventors originating from the Abilene, TX metropolitan statistical area (MSA). It provides insights into the region's innovative activity and technological progress.
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 Abilene, TX (MSA) trend tracks the volume of successful patent applications by inventors located in the Abilene, TX MSA. This metric is used by economists and policymakers to assess the area's capacity for innovation and technological development.
Methodology
The data is collected and compiled by the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for understanding regional economic competitiveness and the drivers of innovation within the Abilene, TX MSA.
Key Facts
- Abilene, TX ranked 206th among U.S. metropolitan areas for utility patents granted in 2021.
- The Abilene, TX MSA accounts for approximately 0.02% of total U.S. utility patents.
- Patent activity in Abilene, TX has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors originating from the Abilene, TX metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the region's innovative activity and technological progress, which is useful for understanding regional economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the Abilene, TX MSA's capacity for innovation and technological development.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and processing timelines of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Abilene, TX (MSA) (PATENTCBSA110180), retrieved from FRED.