U.S. Granted Utility Patents Originating in Alameda County, CA
PATENTCOUNTY06001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,095.00
Year-over-Year Change
97.64%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Alameda County, CA' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors based in Alameda County, California. This metric is a key indicator of innovative activity and technological progress in the 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
This economic indicator tracks the volume of successful patent applications filed by inventors located in Alameda County, California. The number of granted utility patents is considered a proxy for the level of technological innovation and research-and-development activity within the county, which is home to many leading technology companies and research institutions.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economists monitor this trend to assess the innovative capacity and competitiveness of the Alameda County economy.
Key Facts
- Alameda County is a major hub for technology and innovation in the U.S.
- The region accounts for a significant share of total U.S. utility patents granted annually.
- Patent activity is closely correlated with economic growth and productivity in the county.
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 inventors based in Alameda County, California.
Q: Why is this trend relevant for users or analysts?
A: The number of granted utility patents is a key indicator of the level of technological innovation and research-and-development activity within a region, which is important for assessing its economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office based on the geographic location of patent applicants.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to gauge the innovative capacity and competitiveness of the Alameda County economy, which can inform decisions related to economic development, investment, and support for research and technology.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the geographic attribution of patents may not perfectly reflect the true distribution of innovative activity within a region.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Alameda County, CA (PATENTCOUNTY06001), retrieved from FRED.