U.S. Granted Utility Patents Originating in Janesville, WI (MSA)
PATENTCBSA127500 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
85.71%
Date Range
1/1/2000 - 1/1/2015
Summary
This trend measures the number of utility patents granted to inventors originating from the Janesville, WI metropolitan statistical area (MSA). Tracking patent activity is an important economic indicator for assessing 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
Utility patents represent new, useful, and non-obvious inventions. The Janesville, WI MSA patent count provides insights into the local entrepreneurial ecosystem and capacity for technological development. This data can inform economic and innovation policies aimed at fostering a competitive, knowledge-based economy.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Patent metrics are closely monitored by policymakers, industry analysts, and economic development agencies.
Key Facts
- Janesville, WI is home to major manufacturing and technology companies.
- Patent counts are an indicator of technological competitiveness.
- The Janesville MSA has seen fluctuations in patent activity over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors originating from the Janesville, Wisconsin metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity is an important indicator of regional innovation and technological advancement, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Patent metrics are closely monitored by policymakers, industry analysts, and economic development agencies to assess the competitiveness and growth potential of local and regional economies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Janesville, WI (MSA) (PATENTCBSA127500), retrieved from FRED.