U.S. Granted Utility Patents Originating in San Jose-Sunnyvale-Santa Clara, CA (MSA)
PATENTCBSA141940 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,618.00
Year-over-Year Change
113.78%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents originating in the San Jose-Sunnyvale-Santa Clara, CA metropolitan area. It provides insights into innovation and technological development in a major tech hub.
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 Jose-Sunnyvale-Santa Clara, CA (MSA) series measures the total number of utility patents granted to inventors located in this specific metropolitan statistical area. This data point is used by economists and policymakers to gauge regional innovation and technological competitiveness.
Methodology
The data is collected and calculated by the U.S. Patent and Trademark Office.
Historical Context
Utility patent data is widely used to assess innovation and R&D activity in local and regional economies.
Key Facts
- San Jose-Sunnyvale-Santa Clara, CA is a major tech hub.
- Utility patents represent technological innovations.
- Patent data indicates economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of utility patents granted to inventors located in the San Jose-Sunnyvale-Santa Clara, CA metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This patent data provides insights into the innovation and technological development happening in a major tech hub, which is useful for economists and policymakers assessing regional competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Utility patent data is widely used to assess innovation and R&D activity in local and regional economies, informing economic development policies.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of patent data, and the data is limited to the San Jose-Sunnyvale-Santa Clara, CA metropolitan area.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Jose-Sunnyvale-Santa Clara, CA (MSA) (PATENTCBSA141940), retrieved from FRED.