U.S. Granted Utility Patents Originating in Alexandria City, VA
This dataset tracks u.s. granted utility patents originating in alexandria city, va over time.
Latest Value
27.00
Year-over-Year Change
68.75%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Alexandria City, VA' trend measures the volume of utility patents granted by the U.S. Patent and Trademark Office that originate from Alexandria City, Virginia. This metric is an important indicator of regional innovation and technological progress.
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 data series tracks the number of utility patents granted for inventions that were filed by inventors or organizations based in Alexandria City, Virginia. Utility patents protect new and useful innovations, making this trend a valuable proxy for assessing the local entrepreneurial and R&D ecosystem.
Methodology
The data is collected from administrative records of the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies often monitor this metric to gauge the innovation capacity and competitiveness of local regions.
Key Facts
- Alexandria City is home to major research institutions and technology companies.
- The city has seen a steady increase in granted utility patents over the past decade.
- High patent volumes often correlate with economic growth and job creation.
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 or organizations based in Alexandria City, Virginia.
Q: Why is this trend relevant for users or analysts?
A: The number of granted utility patents is a key indicator of regional innovation and technological progress, making this metric relevant for policymakers, economic development agencies, and researchers analyzing the competitiveness of local economies.
Q: How is this data collected or calculated?
A: The data is collected from administrative records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies often monitor this metric to gauge the innovation capacity and competitiveness of local regions, informing decisions about investment, incentives, and policies to support entrepreneurship and R&D.
Q: Are there update delays or limitations?
A: The data is subject to update delays as it relies on administrative records from the U.S. Patent and Trademark Office, but it provides a reliable, long-term indicator of regional innovation trends.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Alexandria City, VA (PATENTCOUNTY51510), retrieved from FRED.