U.S. Granted Utility Patents Originating in Kingston, NY (MSA)
PATENTCBSA128740 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.00
Year-over-Year Change
24.19%
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 the Kingston, NY metropolitan statistical area (MSA). It provides insights into local innovation and technological development.
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 Kingston, NY (MSA) metric measures the patent activity and inventive output of the Kingston metropolitan region. It is used by policymakers, economists, and businesses to assess the local innovation ecosystem and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by metropolitan area.
Historical Context
This trend is relevant for understanding regional economic performance and can inform investment, policy, and development decisions.
Key Facts
- Patents are a key indicator of technological innovation.
- The Kingston, NY MSA is home to several technology and engineering firms.
- Patent activity can drive economic growth and competitiveness.
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 the Kingston, NY metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the local innovation ecosystem and technological development in the Kingston, NY region, which is relevant for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by metropolitan area.
Q: How is this trend used in economic policy?
A: This trend can inform investment, policy, and development decisions related to the regional economy and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and any limitations of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Kingston, NY (MSA) (PATENTCBSA128740), retrieved from FRED.