U.S. Granted Utility Patents Originating in Columbus, IN (MSA)
PATENTCBSA118020 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.00
Year-over-Year Change
75.00%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted to inventors residing in the Columbus, Indiana metropolitan statistical area (MSA). It provides insights into regional innovation 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 Columbus, IN (MSA) trend tracks the count of utility patents issued by the U.S. Patent and Trademark Office to inventors based in the Columbus, Indiana metropolitan area. This metric is used by economists and policymakers to monitor local innovation, technology development, and the region's competitiveness.
Methodology
The data is collected from administrative records of the U.S. Patent and Trademark Office.
Historical Context
Utility patent data is widely used to analyze regional innovation ecosystems and inform economic development policies.
Key Facts
- Columbus, IN MSA has historically been a hub for manufacturing and engineering.
- Patent activity is a key indicator of technological competitiveness and economic dynamism.
- The Columbus region has seen growth in patent activity over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors residing in the Columbus, Indiana metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: The patent data provides insights into local innovation, technological progress, and the region's economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected from administrative records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Utility patent data is widely used by economists and policymakers to analyze regional innovation ecosystems and inform economic development policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication delays of the U.S. Patent and Trademark Office administrative records.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Columbus, IN (MSA) (PATENTCBSA118020), retrieved from FRED.