U.S. Granted Utility Patents Originating in All U.S. States, Territories, and Regions
This dataset tracks u.s. granted utility patents originating in all u.s. states, territories, and regions over time.
Latest Value
140928.00
Year-over-Year Change
60.34%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from all U.S. states, territories, and regions. It serves as an important indicator of innovation and technological development across the United States.
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 Utility Patents Originating in All U.S. States, Territories, and Regions trend provides insights into the geographic distribution of innovative activity and invention in the country. It is closely monitored by policymakers, researchers, and industry analysts to understand regional economic competitiveness and the drivers of technological progress.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
This trend is used to inform economic and innovation policies aimed at promoting regional development and supporting entrepreneurship.
Key Facts
- The U.S. granted over 350,000 utility patents in 2021.
- California leads all U.S. states in utility patents granted.
- The number of utility patents has steadily increased over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from all U.S. states, territories, and regions.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the geographic distribution of innovative activity and technological development across the United States, which is important for understanding regional economic competitiveness and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic and innovation policies aimed at promoting regional development and supporting entrepreneurship.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the time required to process patent applications.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in All U.S. States, Territories, and Regions (PATENTUSREGIONALL), retrieved from FRED.