U.S. Granted Utility Patents Originating in Tallahassee, FL (MSA)
PATENTCBSA145220 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.00
Year-over-Year Change
23.81%
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 Tallahassee, FL metropolitan statistical area (MSA). It provides insight into the region's innovative capacity and technological development.
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 Tallahassee, FL (MSA) trend tracks the total number of utility patents, which protect new and useful inventions, that are issued to inventors located within the Tallahassee MSA. This metric is used by economists and policymakers to assess the area's scientific and technological output.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported monthly.
Historical Context
Trends in patenting activity are closely monitored by governments, businesses, and investors to gauge a region's competitiveness and potential for economic growth.
Key Facts
- Tallahassee, FL is home to several major research universities.
- Patent activity is a key indicator of technological innovation.
- The Tallahassee MSA has seen steady growth in patenting over the past decade.
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 Tallahassee, FL metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: Tracking patenting activity in a region provides insight into its innovative capacity and technological development, which are key drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reported monthly.
Q: How is this trend used in economic policy?
A: Governments, businesses, and investors closely monitor trends in patenting activity to gauge a region's competitiveness and potential for economic growth.
Q: Are there update delays or limitations?
A: The data is reported monthly with a short delay, providing timely information on patenting trends in the Tallahassee MSA.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Tallahassee, FL (MSA) (PATENTCBSA145220), retrieved from FRED.