U.S. Granted Patents: Total Patents Originating in an Unspecified U.S. Region
PATENTUSNONTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
1900.00%
Date Range
1/1/1992 - 1/1/2020
Summary
This economic indicator tracks the total number of patents originating in an unspecified U.S. region. It provides insights into innovation and technological development across the country.
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 an Unspecified U.S. Region metric measures the aggregate number of patents granted to inventors or organizations without a specified geographic origin within the United States. This broad data point helps economists and policymakers assess overall innovative activity.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Historical Context
Trends in this indicator are closely monitored by government, industry, and academic analysts to gauge the health of U.S. innovation and competitiveness.
Key Facts
- Patent grants indicate new inventions and technological advancements.
- Unspecified regional data captures nationwide innovative activity.
- The U.S. is a global leader in patent generation and technological innovation.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of patents granted to inventors or organizations with an unspecified geographic origin within the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in total U.S. patent grants provide insights into the overall pace of innovation and technological development across the country, which is crucial for assessing economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: Government, industry, and academic analysts closely monitor this indicator to gauge the health of U.S. innovation and inform policies that support technological advancement and economic competitiveness.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but there may be occasional delays in reporting due to the administrative processes involved in patent grants.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Total Patents Originating in an Unspecified U.S. Region (PATENTUSNONTOTAL), retrieved from FRED.