U.S. Granted Patents: Design Patents Originating in Guam
PATENTUSGUDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-50.00%
Date Range
1/1/1993 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Guam' trend measures the number of design patents issued by the U.S. Patent and Trademark Office that originate from the U.S. territory of Guam. This provides insight into innovation and technological activity 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 an invention. Tracking Guam's design patent activity offers economists and policymakers a window into the intellectual property landscape and entrepreneurial dynamism of the territory.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Patent data informs analyses of innovation, technological change, and competitiveness within and across economies.
Key Facts
- Design patents in Guam account for a small fraction of total U.S. design patents.
- Design patent activity in Guam has fluctuated over time but generally trended upward.
- Guam's design patent output represents a small but meaningful component of its overall economic and technological profile.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents originating from the U.S. territory of Guam that have been granted by the U.S. Patent and Trademark Office.
Q: Why is this trend relevant for users or analysts?
A: Tracking Guam's design patent activity provides insight into the territory's innovation, entrepreneurship, and technological change, which are important factors in its economic and developmental profile.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Patent data, including design patents, informs analyses of innovation, competitiveness, and technological development that can guide economic policies and initiatives at the territorial and national levels.
Q: Are there update delays or limitations?
A: There may be typical delays in the reporting of patent data, but the U.S. Patent and Trademark Office strives to publish the information in a timely manner.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Guam (PATENTUSGUDESIGN), retrieved from FRED.