U.S. Granted Utility Patents Originating in Corvallis, OR (MSA)
This dataset tracks u.s. granted utility patents originating in corvallis, or (msa) over time.
Latest Value
135.00
Year-over-Year Change
-36.02%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated in the Corvallis, Oregon metropolitan statistical area (MSA). It provides insights into the innovation and technological activity within this specific region.
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 Corvallis, OR (MSA) series tracks the volume of patent grants in the Corvallis, Oregon area. This metric is used by economists and policymakers to assess the local innovation ecosystem and its contribution to technological progress.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported by metropolitan statistical area.
Historical Context
This trend is relevant for understanding regional innovation and can inform economic development policies.
Key Facts
- Corvallis, OR is home to Oregon State University, a major research institution.
- Patent grants are a key indicator of technological and scientific progress.
- The Corvallis MSA is a hub for high-tech industries in the Pacific Northwest.
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 originated in the Corvallis, Oregon metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the innovation and technological activity within the Corvallis, Oregon region, which is relevant for understanding regional economic development and technological progress.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reported by metropolitan statistical area.
Q: How is this trend used in economic policy?
A: This trend can inform economic development policies and strategies aimed at fostering innovation and technological growth in the Corvallis, Oregon region.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for patent processing and reporting by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Corvallis, OR (MSA) (PATENTCBSA118700), retrieved from FRED.