U.S. Granted Patents: Total Patents Originating in Nebraska
PATENTUSNETOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
427.00
Year-over-Year Change
99.53%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in Nebraska' data series tracks the total number of patents granted annually by the U.S. Patent and Trademark Office that originate from inventors located in the state of Nebraska.
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
This metric is an important indicator of innovation and technological progress in Nebraska's economy. Analyzing patent trends can provide insights into the state's research and development activities, industry competitiveness, and broader economic development.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the listed address of inventors on granted patent applications.
Historical Context
Policymakers and economic analysts often use patent data to evaluate a region's innovation capacity and guide related investment and support programs.
Key Facts
- Nebraska accounts for approximately 0.5% of total U.S. patents granted.
- Patent activity in Nebraska has grown by 15% over the past decade.
- The top patent-producing industries in Nebraska include agriculture, manufacturing, and telecommunications.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of patents granted annually by the U.S. Patent and Trademark Office that originate from inventors located in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: Analyzing patent trends in Nebraska provides insights into the state's innovation capacity, research and development activities, and overall economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the listed address of inventors on granted patent applications.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use patent data to evaluate a region's innovation potential and guide related investment and support programs.
Q: Are there update delays or limitations?
A: The patent data is published with a lag of several months, and may not capture the most recent patent activity in Nebraska.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in Nebraska (PATENTUSNETOTAL), retrieved from FRED.