U.S. Granted Utility Patents Originating in Appleton, WI (MSA)
This dataset tracks u.s. granted utility patents originating in appleton, wi (msa) over time.
Latest Value
108.00
Year-over-Year Change
-45.18%
Date Range
1/1/2000 - 1/1/2015
Summary
This trend measures the number of utility patents granted to inventors residing in the Appleton, WI metropolitan statistical area (MSA). It provides insights into the region's 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
Utility patents represent new, useful, and non-obvious inventions. Tracking patent data by geographic area offers a quantifiable indicator of local innovation activity and technological capabilities.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric is used by policymakers and economic development agencies to assess the innovation ecosystem and competitiveness of Appleton and the surrounding region.
Key Facts
- Appleton, WI ranks among the top 20 U.S. metro areas for patents per capita.
- Patents in Appleton span diverse industries like paper manufacturing and medical devices.
- Patent activity in the region has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents granted to inventors residing in the Appleton, Wisconsin metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: Patent data provides a quantifiable indicator of local innovation and technological capabilities, which is useful for policymakers, economic development agencies, and analysts studying regional competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Governments and economic development organizations use this metric to assess the innovation ecosystem and competitiveness of the Appleton region, informing policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in reporting as the patent process can take time, and the data is limited to the Appleton MSA geography.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Appleton, WI (MSA) (PATENTCBSA111540), retrieved from FRED.