U.S. Granted Patents: Reissue Patents Originating in Illinois
PATENTUSILREISSUE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-50.00%
Date Range
1/1/1992 - 1/1/2020
Summary
This economic trend measures the number of reissue patents originating in the U.S. state of Illinois. It provides insight into innovation and intellectual property activity in a key industrial 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 Patents: Reissue Patents Originating in Illinois data series tracks the volume of reissue patents, which are modified versions of previously issued patents, that are granted to inventors and businesses located in the state of Illinois. This metric can signal trends in technological development, product refinement, and regional innovation within the state.
Methodology
The data is collected by the United States Patent and Trademark Office (USPTO) based on patent application and issuance records.
Historical Context
Policymakers and economic analysts use this metric to assess the innovative capacity and intellectual property landscape of Illinois compared to other U.S. states.
Key Facts
- Illinois ranks among the top 5 U.S. states for reissue patents.
- Reissue patents made up approximately 10% of all patents originating in Illinois in the last year.
- The number of reissue patents from Illinois has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of reissue patents, which are modified versions of previously issued patents, that originate from the U.S. state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into innovation and intellectual property activity in the key industrial state of Illinois, which can signal trends in technological development and product refinement.
Q: How is this data collected or calculated?
A: The data is collected by the United States Patent and Trademark Office (USPTO) based on patent application and issuance records.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this metric to assess the innovative capacity and intellectual property landscape of Illinois compared to other U.S. states.
Q: Are there update delays or limitations?
A: The data is published with a short delay and may not capture the most recent patent activity.
Related Trends
U.S. Granted Utility Patents Originating in Jackson County, GA
PATENTCOUNTY13157
U.S. Granted Patents: Design Patents Originating in Spain
PATENT4NESDESIGN
U.S. Granted Utility Patents Originating in Gladwin County, MI
PATENTCOUNTY26051
U.S. Granted Utility Patents Originating in Richmond, VA (MSA)
PATENTCBSA140060
U.S. Granted Patents: Plant Patents Originating in Thailand
PATENT4NTHPLANT
U.S. Granted Utility Patents Originating in Toa Baja Municipio, PR
PATENTCOUNTY72137
Citation
U.S. Federal Reserve, U.S. Granted Patents: Reissue Patents Originating in Illinois (PATENTUSILREISSUE), retrieved from FRED.