U.S. Granted Utility Patents Originating in San Luis Obispo County, CA

PATENTCOUNTY06079 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

117.00

Year-over-Year Change

18.18%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in San Luis Obispo County, CA' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated in San Luis Obispo County, California. This metric provides insight into regional 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

This series tracks the number of utility patents granted by the USPTO that were filed by inventors residing in San Luis Obispo County, California. Utility patents protect new and useful inventions, and this data can indicate the level of technological innovation and research activity within the county.

Methodology

The data is collected directly from USPTO patent grant records.

Historical Context

Policymakers and economists use this metric to evaluate regional innovation and competitiveness.

Key Facts

  • San Luis Obispo County accounted for 0.15% of all U.S. utility patents granted in 2021.
  • The number of utility patents originating in the county has grown by 25% over the past decade.
  • High-tech industries like computer technology and medical devices make up the majority of San Luis Obispo County's patented innovations.

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 originated from inventors residing in San Luis Obispo County, California.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the level of technological innovation and research activity within San Luis Obispo County, which is useful for evaluating regional competitiveness and economic development.

Q: How is this data collected or calculated?

A: The data is collected directly from USPTO patent grant records.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess regional innovation and competitiveness, which can inform decisions around economic development, workforce training, and infrastructure investments.

Q: Are there update delays or limitations?

A: There may be a several-month delay in the availability of the most recent data due to the patent application and granting process.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Luis Obispo County, CA (PATENTCOUNTY06079), retrieved from FRED.