U.S. Granted Utility Patents Originating in Sandusky, OH (MSA)
This dataset tracks u.s. granted utility patents originating in sandusky, oh (msa) over time.
Latest Value
9.00
Year-over-Year Change
200.00%
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 originate from the Sandusky, OH metropolitan statistical area (MSA). It serves as an indicator of innovation and entrepreneurial activity 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
Utility patents are a type of patent granted for new and useful inventions, machines, or processes. The Sandusky, OH MSA patent data provides insights into the rate of technological development and commercialization efforts in the region.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is used by policymakers, economic development organizations, and analysts to assess the innovative capacity and competitiveness of the Sandusky, OH regional economy.
Key Facts
- Sandusky, OH is home to several leading manufacturing and technology companies.
- Patent activity is a key driver of economic growth and competitiveness.
- The Sandusky MSA has historically outperformed national patent trends.
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 Sandusky, OH metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: The Sandusky, OH patent data provides insights into the rate of technological development and commercialization efforts in the regional economy, which is an important indicator of innovation and entrepreneurial activity.
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 trend is used by policymakers, economic development organizations, and analysts to assess the innovative capacity and competitiveness of the Sandusky, OH regional economy.
Q: Are there update delays or limitations?
A: The patent data may have some delay in reporting due to the time required for the patent application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Sandusky, OH (MSA) (PATENTCBSA141780), retrieved from FRED.