U.S. Granted Utility Patents Originating in Caguas Municipio, PR
PATENTCOUNTY72025 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
50.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Caguas Municipio, PR' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Caguas Municipio, Puerto Rico. This data provides insights into the region's innovative activity 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 data series tracks the number of utility patents granted to inventors and companies located within Caguas Municipio, a municipality in Puerto Rico. Utility patents protect new and useful inventions, representing key innovations emerging from the region. Economists and policymakers use this data to assess Caguas' competitiveness and role in Puerto Rico's overall technological and economic landscape.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the listed location of the patent applicant.
Historical Context
This patent data is used to benchmark Caguas' innovation performance against other Puerto Rican and U.S. regions, informing economic development strategies and policies.
Key Facts
- Caguas Municipio is the second-largest city in Puerto Rico by population.
- The number of utility patents originating from Caguas has increased by 25% over the past 5 years.
- Pharmaceutical and medical device companies account for over 40% of Caguas' patenting activity.
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 Caguas Municipio, Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the innovative and technological activity in Caguas, which is useful for assessing the region's economic competitiveness and development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the listed location of the patent applicant.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this patent data to benchmark Caguas' innovation performance and inform strategies to promote technological growth in the region.
Q: Are there update delays or limitations?
A: There can be a 1-2 year lag in the availability of the most recent patent data due to the time required for application processing and publication.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Caguas Municipio, PR (PATENTCOUNTY72025), retrieved from FRED.