U.S. Granted Patents: Total Patents Originating in the Northern Mariana Islands
PATENTUSMPTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2017
Summary
This economic trend tracks the total number of patents originating from the Northern Mariana Islands, a U.S. territory, providing insights into the region's innovative activity and contributions to the broader U.S. patent landscape.
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: Total Patents Originating in the Northern Mariana Islands trend measures the volume of patents issued to inventors and organizations based in the Northern Mariana Islands, a U.S. commonwealth. This data point is used by economists and policymakers to assess the territory's technological development and its integration into the national innovation ecosystem.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for understanding regional economic and innovation trends within the United States.
Key Facts
- The Northern Mariana Islands is a U.S. commonwealth located in the Pacific Ocean.
- Patent activity is a key indicator of technological innovation and economic development.
- The U.S. Patent and Trademark Office tracks patents granted to inventors and organizations across all U.S. states and territories.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents originating from the Northern Mariana Islands, a U.S. territory, providing insights into the region's innovative activity and technological development.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding regional economic and innovation trends within the United States, as patent activity is a key indicator of technological advancement and economic development.
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 trend is used by economists and policymakers to assess the Northern Mariana Islands' technological development and its integration into the broader U.S. innovation ecosystem, which can inform economic policies and initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the U.S. Patent and Trademark Office, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in the Northern Mariana Islands (PATENTUSMPTOTAL), retrieved from FRED.