U.S. Granted Patents: Design Patents Originating in Arkansas
PATENTUSARDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.00
Year-over-Year Change
97.50%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Arkansas' trend measures the number of design patents granted by the U.S. Patent and Trademark Office that originate from the state of Arkansas. This provides insight into innovation and intellectual property 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
Design patents protect the unique ornamental or aesthetic aspects of a manufactured product. Tracking design patents originating in Arkansas helps analyze industrial and technological advancement within the state, which is relevant for economic development and policy.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric is used by policymakers, economists, and industry analysts to monitor innovation trends and inform economic policy.
Key Facts
- Arkansas ranks 33rd among U.S. states for design patents.
- Design patents accounted for 18% of all patents granted to Arkansas in 2021.
- The number of design patents originating in Arkansas has grown by 9% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office that originate from the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patents in Arkansas provides insight into innovation and intellectual property development within the state, which is relevant for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and industry analysts to monitor innovation trends and inform economic development policies in Arkansas.
Q: Are there update delays or limitations?
A: The data is published with a slight delay, as it requires processing patent application information from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Arkansas (PATENTUSARDESIGN), retrieved from FRED.