U.S. Granted Patents: Utility Patents Originating in the Northern Mariana Islands
PATENTUSMPUTILITY • 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 number of utility patents originating in the Northern Mariana Islands, a U.S. territory. It provides insights into the region's innovation and technological development, which are important factors for economic and policy analysis.
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: Utility Patents Originating in the Northern Mariana Islands trend measures the number of utility patents, a type of intellectual property protection for new and useful inventions, that are granted to applicants located in the Northern Mariana Islands. This data is used by economists and policymakers to assess the territory's innovation capacity and technological progress.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for understanding the Northern Mariana Islands' economic and technological landscape, which can inform policy decisions and market analysis.
Key Facts
- The Northern Mariana Islands is a U.S. territory located in the Western Pacific.
- Utility patents protect new and useful inventions, processes, or machines.
- Patent data is a key indicator of a region's technological and innovative activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents originating from the Northern Mariana Islands, a U.S. territory. Utility patents protect new and useful inventions, processes, or machines.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents granted in the Northern Mariana Islands provides insights into the territory's innovation capacity and technological development, which are important factors for economic and policy analysis.
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' economic and technological landscape, which can inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: There may be some delays in the reporting of patent data, as it can take time for applications to be processed and granted.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in the Northern Mariana Islands (PATENTUSMPUTILITY), retrieved from FRED.