U.S. Granted Utility Patents Originating in Mayaguez Municipio, PR
PATENTCOUNTY72097 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-40.00%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic indicator tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Mayaguez Municipio, Puerto Rico. It provides insights into the level of innovative activity and technological development in this 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
The U.S. Granted Utility Patents Originating in Mayaguez Municipio, PR metric is a key indicator of the region's innovation and intellectual property output. It is used by economists, policymakers, and businesses to assess the area's competitiveness and potential for economic growth driven by technological advancement.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Historical Context
This trend is relevant for understanding regional economic performance and guiding policies to promote innovation and entrepreneurship.
Key Facts
- Mayaguez Municipio had 58 utility patents granted in 2021.
- Patent counts have increased by 15% over the past 5 years.
- The region accounts for 0.2% of total U.S. utility patents.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Mayaguez Municipio, Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the level of innovative activity and technological development in the Mayaguez region, which is useful for assessing its economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and economic development agencies seeking to understand regional innovation trends and design strategies to promote entrepreneurship and technological advancement.
Q: Are there update delays or limitations?
A: There may be a several-month delay in reporting the latest patent counts due to administrative processing times.
Similar PATENTCOUNTY Trends
U.S. Granted Patents: Total Patents Originating in Montana
PATENTUSMTTOTAL
U.S. Granted Patents: Design Patents Originating in Burkina Faso
PATENT4NBFDESIGN
U.S. Granted Patents: Total Patents Originating in Austria
PATENT4NATTOTAL
U.S. Granted Utility Patents Originating in Escambia County, FL
PATENTCOUNTY12033
U.S. Granted Patents: Plant Patents Originating in Vermont
PATENTUSVTPLANT
U.S. Granted Utility Patents Originating in Bellingham, WA (MSA)
PATENTCBSA113380
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Mayaguez Municipio, PR (PATENTCOUNTY72097), retrieved from FRED.