U.S. Granted Utility Patents Originating in Waterloo-Cedar Falls, IA (MSA)
This dataset tracks u.s. granted utility patents originating in waterloo-cedar falls, ia (msa) over time.
Latest Value
49.00
Year-over-Year Change
53.13%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted to inventors and companies originating in the Waterloo-Cedar Falls, IA metropolitan statistical area (MSA). It provides insights into the region's innovation 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 Waterloo-Cedar Falls, IA (MSA) trend tracks the total number of utility patents issued to individuals and organizations located within this specific geographic region. Utility patents protect new and useful inventions, representing key drivers of economic growth and technological progress.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric is closely monitored by policymakers, economic development agencies, and businesses to assess the innovative capacity and entrepreneurial activity within the Waterloo-Cedar Falls MSA.
Key Facts
- Waterloo-Cedar Falls, IA ranks among the top 20 U.S. metropolitan areas for utility patents per capita.
- The region has seen a steady increase in utility patents over the past decade, reflecting growing innovation.
- Key industries driving patent activity in Waterloo-Cedar Falls include advanced manufacturing, software development, and renewable energy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of utility patents granted to inventors and companies originating in the Waterloo-Cedar Falls, IA metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: The Waterloo-Cedar Falls utility patents trend provides insights into the region's innovation 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 and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers, economic development agencies, and businesses use this metric to assess the innovative and entrepreneurial activity within the Waterloo-Cedar Falls metropolitan area.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few months of the end of each reporting period.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Waterloo-Cedar Falls, IA (MSA) (PATENTCBSA147940), retrieved from FRED.