U.S. Granted Utility Patents Originating in San Diego-Carlsbad-San Marcos, CA (MSA)
PATENTCBSA141740 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,460.00
Year-over-Year Change
169.23%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents originating in the San Diego-Carlsbad-San Marcos, CA metropolitan statistical area (MSA). It serves as an important indicator of innovation and technological development in the local economy.
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 San Diego-Carlsbad-San Marcos, CA (MSA) trend measures the total number of utility patents issued by the U.S. Patent and Trademark Office that have inventors residing in the specified metropolitan area. This data provides insights into the region's capacity for technological innovation and its role in driving economic growth.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported through the Federal Reserve Economic Data (FRED) system.
Historical Context
Policymakers and economic analysts use this trend to assess the competitiveness and innovative potential of the San Diego-Carlsbad-San Marcos region.
Key Facts
- The San Diego-Carlsbad-San Marcos MSA is a major hub for technology and innovation.
- Utility patents represent new, useful, and non-obvious inventions.
- Patent data is a leading indicator of economic and technological development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents originating from inventors in the San Diego-Carlsbad-San Marcos, CA metropolitan area. It serves as an indicator of the region's innovative capacity and technological development.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents in a region is a key indicator of its competitiveness, entrepreneurial activity, and ability to drive economic growth through innovation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reported through the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this trend to assess the innovative capacity and competitiveness of the San Diego-Carlsbad-San Marcos region, which can inform decisions on economic development, workforce training, and investment strategies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule of the U.S. Patent and Trademark Office and may have a lag of several months before being published in FRED.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Diego-Carlsbad-San Marcos, CA (MSA) (PATENTCBSA141740), retrieved from FRED.