U.S. Granted Utility Patents Originating in Mount Vernon-Anacortes, WA (MSA)
This dataset tracks u.s. granted utility patents originating in mount vernon-anacortes, wa (msa) over time.
Latest Value
23.00
Year-over-Year Change
283.33%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted that originate from the Mount Vernon-Anacortes, WA metropolitan statistical area (MSA). It provides insights into regional innovation and technological activity.
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 Mount Vernon-Anacortes, WA (MSA) trend tracks the volume of patent approvals in this specific geographic region. It is used by economists and policymakers to analyze patterns of technological development and commercialization within the local economy.
Methodology
This data is collected by the U.S. Patent and Trademark Office and represents the total number of utility patents granted per month for inventions with addresses in the Mount Vernon-Anacortes, WA MSA.
Historical Context
The patent data is relevant for understanding regional innovation and can inform economic development strategies, investment decisions, and policy initiatives.
Key Facts
- Mount Vernon-Anacortes, WA is home to over 130,000 residents.
- In 2021, the region saw 53 utility patents granted.
- Patents cover a range of technological fields including manufacturing, transportation, and renewable energy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted that originate from the Mount Vernon-Anacortes, WA metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: This patent data provides insights into the level of technological innovation and commercialization activity within the local economy, which is useful for economic development planning and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and represents the total number of utility patents granted per month for inventions with addresses in the Mount Vernon-Anacortes, WA MSA.
Q: How is this trend used in economic policy?
A: Patent data can inform regional economic development strategies, investment decisions, and policies aimed at fostering innovation and technological growth.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the reporting of patent data due to administrative processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Mount Vernon-Anacortes, WA (MSA) (PATENTCBSA134580), retrieved from FRED.