U.S. Granted Utility Patents Originating in Saipan County, MP
This dataset tracks u.s. granted utility patents originating in saipan county, mp over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Saipan County, MP' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Saipan County, Mariana Islands. This provides insight into innovation and technological development 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 series tracks the volume of utility patents - legal protections for new and useful inventions - that are granted to inventors and companies based in Saipan County, Mariana Islands. It is an important indicator of the region's technological and commercial activity.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported monthly.
Historical Context
Policymakers and economic analysts use this metric to assess the innovation capacity and competitiveness of Saipan County and the broader Mariana Islands region.
Key Facts
- Saipan County is part of the Northern Mariana Islands, a U.S. commonwealth.
- The number of utility patents originating in Saipan has grown by 25% over the past decade.
- High-tech and manufacturing industries account for the majority of Saipan'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 originate from Saipan County, Mariana Islands.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovation capacity and technological development of the Saipan County region, which is important for assessing its economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly by the U.S. Patent and Trademark Office and reported monthly.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the innovation and commercial activity in Saipan County and the broader Mariana Islands, which informs economic development strategies.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in reporting new patent data from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Saipan County, MP (PATENTCOUNTY69110), retrieved from FRED.