U.S. Granted Utility Patents Originating in Alexandria, LA (MSA)
PATENTCBSA110780 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
133.33%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Alexandria, LA (MSA)' measures the number of utility patents granted to inventors residing in the Alexandria, Louisiana metropolitan statistical area (MSA). This data provides insights into local innovation and technological development.
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
This metric tracks the number of utility patents, which are government-issued intellectual property rights for new inventions, granted to inventors living in the Alexandria, LA MSA. It offers a way to measure innovation and technological progress within this specific regional economy.
Methodology
The data is collected and compiled by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic analysts use this metric to assess the technological competitiveness and innovative capacity of the Alexandria, LA economy.
Key Facts
- The Alexandria, LA MSA saw 115 utility patents granted in 2021.
- Utility patents measure new, non-obvious, and useful inventions.
- Patent data provides insights into local R&D and commercialization.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted to inventors residing in the Alexandria, Louisiana metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: This data offers insights into the local innovation and technological development of the Alexandria, LA economy, which is valuable for policymakers and economic analysts.
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: Policymakers and economic analysts use this metric to assess the technological competitiveness and innovative capacity of the Alexandria, LA economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not reflect the most recent trends.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Alexandria, LA (MSA) (PATENTCBSA110780), retrieved from FRED.