U.S. Granted Patents: Reissue Patents Originating in the United States
PATENTUSALLREISSUE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
277.00
Year-over-Year Change
-16.82%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Reissue Patents Originating in the United States' metric tracks the number of reissue patents granted to inventors located in the United States. This metric provides insight into domestic innovation and invention trends.
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
Reissue patents are granted when an inventor discovers an error in their original patent and wishes to correct it. Tracking the volume of reissue patents issued in the U.S. offers a unique perspective on domestic innovation and the quality of patent applications.
Methodology
This data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) platform.
Historical Context
Policymakers and market analysts use this metric to assess the state of U.S. innovation and invention.
Key Facts
- Reissue patents account for a small fraction of total U.S. patents granted.
- The number of reissue patents has declined over the past two decades.
- The reissue patent process helps inventors correct errors in their original patents.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of reissue patents granted to inventors located in the United States. Reissue patents are issued when an inventor discovers an error in their original patent and wishes to correct it.
Q: Why is this trend relevant for users or analysts?
A: Tracking the volume of reissue patents offers insight into domestic innovation and the quality of patent applications in the U.S.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) platform.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess the state of U.S. innovation and invention.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Federal Reserve, but may be subject to minor delays in reporting.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in the United States (PATENTUSALLREISSUE), retrieved from FRED.