U.S. Granted Utility Patents Originating in Lake Havasu City-Kingman, AZ (MSA)

PATENTCBSA129420 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

11.00

Year-over-Year Change

57.14%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Lake Havasu City-Kingman, AZ (MSA)' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from the Lake Havasu City-Kingman, AZ metropolitan statistical area (MSA).

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 are a key indicator of innovation and technological progress in a specific geographic region. This data series provides insight into the inventive and entrepreneurial activity occurring within the Lake Havasu City-Kingman, AZ MSA, which can inform economic development strategies and investment decisions.

Methodology

The data is collected and reported by the U.S. Patent and Trademark Office.

Historical Context

This metric is closely watched by policymakers, economic development agencies, and investors to gauge the innovative capacity and potential of local markets.

Key Facts

  • Lake Havasu City-Kingman, AZ MSA is home to over 200,000 residents.
  • The region has seen a steady increase in utility patents granted over the past decade.
  • High-tech industries like aerospace and renewable energy are driving innovation in the area.

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 originate from the Lake Havasu City-Kingman, AZ metropolitan statistical area.

Q: Why is this trend relevant for users or analysts?

A: Utility patents are a key indicator of innovation and technological progress in a specific geographic region, providing insight into the inventive and entrepreneurial activity occurring within the Lake Havasu City-Kingman, AZ MSA.

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: This metric is closely watched by policymakers, economic development agencies, and investors to gauge the innovative capacity and potential of the Lake Havasu City-Kingman, AZ local market.

Q: Are there update delays or limitations?

A: The data is published with a slight delay, as it takes time for the U.S. Patent and Trademark Office to process and report on new utility patents.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Lake Havasu City-Kingman, AZ (MSA) (PATENTCBSA129420), retrieved from FRED.