U.S. Granted Utility Patents Originating in Cape Girardeau-Jackson, MO-IL (MSA)
This dataset tracks u.s. granted utility patents originating in cape girardeau-jackson, mo-il (msa) over time.
Latest Value
2.00
Year-over-Year Change
-71.43%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted that originate from the Cape Girardeau-Jackson, MO-IL metropolitan statistical area (MSA). It serves as an important indicator of regional innovation and technological advancement.
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 Cape Girardeau-Jackson, MO-IL (MSA) trend provides insights into the innovative capacity and intellectual property production of this specific geographic region. It is closely monitored by economists, policymakers, and regional development stakeholders.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
This trend is used to assess the competitiveness and growth potential of the Cape Girardeau-Jackson metropolitan area's economy.
Key Facts
- The Cape Girardeau-Jackson, MO-IL MSA is home to several major research universities and technology companies.
- Utility patents account for the majority of all patents granted in the United States.
- Patent activity is a key driver of economic growth and competitiveness in metropolitan areas.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents granted that originate from the Cape Girardeau-Jackson, MO-IL metropolitan statistical area (MSA). Utility patents protect the functional aspects of inventions and innovations.
Q: Why is this trend relevant for users or analysts?
A: The U.S. Granted Utility Patents Originating in Cape Girardeau-Jackson, MO-IL (MSA) trend is an important indicator of regional innovation and technological advancement, which are crucial drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office, the federal agency responsible for issuing patents and registering trademarks.
Q: How is this trend used in economic policy?
A: Policymakers and regional development stakeholders use this trend to assess the innovation capacity and growth potential of the Cape Girardeau-Jackson metropolitan area, informing economic development strategies and investments.
Q: Are there update delays or limitations?
A: The data is published with a lag, as the patent application and granting process can take several months. Additionally, the trend only reflects utility patents, and does not include other types of patents such as design or plant patents.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Cape Girardeau-Jackson, MO-IL (MSA) (PATENTCBSA116020), retrieved from FRED.