U.S. Granted Patents: Design Patents Originating in Wisconsin
PATENTUSWIDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
506.00
Year-over-Year Change
-9.16%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Wisconsin' trend measures the number of design patents granted by the U.S. Patent and Trademark Office that originate from the state of Wisconsin. This data is an important indicator of innovation and technological development in the state.
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
Design patents protect new, original, and ornamental designs for manufactured products. The 'U.S. Granted Patents: Design Patents Originating in Wisconsin' series tracks this activity as a gauge of innovation and economic competitiveness within the state.
Methodology
The data is collected by the U.S. Patent and Trademark Office from patent application filings.
Historical Context
Policymakers and economic development agencies use this data to assess Wisconsin's innovation climate and competitiveness.
Key Facts
- Design patents protect new, original, and ornamental product designs.
- Wisconsin ranks among the top U.S. states for design patent activity.
- Design patents indicate technological advancement and economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office that originate from the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Design patents are an important indicator of innovation and technological development within a state, making this trend relevant for policymakers, economic development agencies, and analysts assessing Wisconsin's competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office from patent application filings.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this data to assess Wisconsin's innovation climate and competitiveness, informing policy decisions and strategies.
Q: Are there update delays or limitations?
A: The data is subject to the typical delays associated with patent application processing and publication by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Wisconsin (PATENTUSWIDESIGN), retrieved from FRED.