U.S. Granted Utility Patents Originating in San Francisco-Oakland-Fremont, CA (MSA)
PATENTCBSA141860 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,732.00
Year-over-Year Change
138.30%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted to inventors originating from the San Francisco-Oakland-Fremont, CA metropolitan statistical area (MSA). It serves as an indicator of innovation and technological development in this key economic region.
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 Francisco-Oakland-Fremont, CA (MSA) measures the volume of new inventions and innovations patented by individuals and companies based in this major California metropolitan area. It provides insight into the region's competitiveness and leadership in driving technological progress.
Methodology
The data is collected by the U.S. Patent and Trademark Office (USPTO) and tracks the geographic origin of utility patent grants.
Historical Context
This metric is closely monitored by policymakers, investors, and analysts to gauge the economic and innovative dynamism of the San Francisco Bay Area.
Key Facts
- Patents are a key indicator of technological progress.
- The San Francisco Bay Area is a global hub of innovation.
- Utility patents protect new and useful inventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors and companies originating from the San Francisco-Oakland-Fremont, CA metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative capacity and technological leadership of the San Francisco Bay Area, a critical driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office (USPTO) and tracks the geographic origin of utility patent grants.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor this metric to gauge the economic and innovative dynamism of the San Francisco Bay Area.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the USPTO, with potential delays in availability due to patent processing timelines.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Francisco-Oakland-Fremont, CA (MSA) (PATENTCBSA141860), retrieved from FRED.