U.S. Granted Patents: Utility Patents Originating in an Unspecified U.S. Region
PATENTUSNONUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
1800.00%
Date Range
1/1/1992 - 1/1/2020
Summary
This economic trend tracks the number of utility patents granted in the United States, originating from an unspecified domestic region. It serves as an indicator of innovation and technological advancement.
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 an Unspecified U.S. Region metric measures the total number of utility patents issued by the United States Patent and Trademark Office (USPTO) to inventors from unidentified geographic locations within the country. This data provides insights into the overall domestic inventive activity and technological progress.
Methodology
The data is collected and reported by the USPTO based on patent application and issuance records.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the state of U.S. innovation and technological competitiveness.
Key Facts
- The U.S. is a global leader in patent generation.
- Utility patents account for the majority of all U.S. patents issued.
- Domestic innovation is a key driver of economic growth and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of utility patents granted by the U.S. Patent and Trademark Office to inventors from unspecified domestic locations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the state of U.S. innovation and technological progress, which are crucial factors for economic growth, competitiveness, and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office based on patent application and issuance records.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the nation's innovative capacity and inform decisions related to research, development, and technology-focused policies.
Q: Are there update delays or limitations?
A: The data is subject to typical publication lags associated with government statistical releases, but it provides a comprehensive overview of U.S. utility patent activity.
Related Trends
U.S. Granted Utility Patents Originating in Union County, PA
PATENTCOUNTY42119
U.S. Granted Patents: Design Patents Originating in Puerto Rico
PATENTUSPRDESIGN
U.S. Granted Patents: Plant Patents Originating in Jordan
PATENT4NJOPLANT
U.S. Granted Utility Patents Originating in Shreveport-Bossier City, LA (MSA)
PATENTCBSA143340
U.S. Granted Patents: Design Patents Originating in Qatar
PATENT4NQADESIGN
U.S. Granted Utility Patents Originating in Lawrence County, KY
PATENTCOUNTY21127
Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in an Unspecified U.S. Region (PATENTUSNONUTILITY), retrieved from FRED.