U.S. Granted Utility Patents Originating in Anchorage, AK (MSA)
PATENTCBSA111260 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
-13.33%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from the Anchorage, Alaska metropolitan statistical area (MSA). It provides insights into local innovation and entrepreneurial activity.
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 Anchorage, AK (MSA) series measures the volume of successful patent applications filed by inventors and businesses located within the Anchorage, Alaska metropolitan region. It is a key indicator of regional innovation and technological development.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is closely monitored by policymakers, regional economic development agencies, and researchers to assess the competitiveness and growth potential of the Anchorage metropolitan area.
Key Facts
- Anchorage has been a top patent-producing MSA in Alaska since the 1990s.
- The number of utility patents granted to Anchorage residents has grown steadily over the past decade.
- High-tech industries like aerospace and telecommunications are major sources of patented innovations in Anchorage.
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 from inventors and businesses located in the Anchorage, Alaska metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: The Anchorage patent trend is an important indicator of regional innovation, entrepreneurship, and technological development within the Anchorage metropolitan area. It is closely monitored by policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by regional economic development agencies and policymakers to assess the competitiveness and growth potential of the Anchorage metropolitan area, and to inform strategies for supporting innovation and entrepreneurship.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data by the U.S. Patent and Trademark Office. The geographic coverage is also limited to the Anchorage metropolitan statistical area.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Anchorage, AK (MSA) (PATENTCBSA111260), retrieved from FRED.