U.S. Granted Utility Patents Originating in San Juan Municipio, PR
PATENTCOUNTY72127 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
-36.36%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in San Juan Municipio, PR' trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from the San Juan municipality in Puerto Rico.
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 indicator provides insight into the innovative activity and technological development within the San Juan region of Puerto Rico. It is used by economists, policymakers, and regional analysts to assess the competitiveness and growth potential of Puerto Rico's knowledge economy.
Methodology
The data is collected through the official records of the U.S. Patent and Trademark Office.
Historical Context
This metric is relevant for evaluating Puerto Rico's economic and innovation policy.
Key Facts
- San Juan is the largest city and capital of Puerto Rico.
- Puerto Rico has a strong focus on pharmaceuticals and medical devices manufacturing.
- The U.S. grants over 300,000 utility patents per year.
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 the San Juan municipality in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the innovative and technological development activity within the San Juan region, which is relevant for assessing Puerto Rico's economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected directly from the official records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric is relevant for evaluating Puerto Rico's economic and innovation policies, as it reflects the region's technological capabilities and competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a lag, as it relies on the patent application and approval process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Juan Municipio, PR (PATENTCOUNTY72127), retrieved from FRED.