U.S. Granted Patents: Utility Patents Originating in Mexico
PATENT4NMXUTILITY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
341.00
Year-over-Year Change
531.48%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Utility Patents Originating in Mexico' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors from Mexico. This metric provides insight into the innovative capacity and technological advancement of the Mexican economy.
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
Utility patents, which protect new and useful inventions, are a key indicator of innovation and technological progress. Tracking the number of utility patents originating in Mexico and granted by the U.S. government offers valuable information about Mexico's competitiveness and integration with global technology and research-and-development ecosystems.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported through the Federal Reserve Economic Data (FRED) system.
Historical Context
Policymakers and economists use this metric to evaluate Mexico's innovation capabilities and participation in international knowledge and technology flows.
Key Facts
- Mexico accounts for approximately 1% of total U.S. utility patents granted.
- Patent grants to Mexican inventors have increased by over 50% in the past decade.
- The top technology areas for Mexican utility patents include pharmaceuticals, digital communication, and transport.
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 to inventors from Mexico. Utility patents protect new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: Tracking Mexican utility patents granted in the U.S. provides insights into Mexico's innovation capacity, technological competitiveness, and integration with global R&D ecosystems.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and reported through the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Mexico's innovation capabilities and participation in international knowledge and technology flows.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to prior periods as additional information becomes available.
Related Trends
U.S. Granted Utility Patents Originating in Bibb County, AL
PATENTCOUNTY01007
U.S. Granted Patents: Reissue Patents Originating in Guinea
PATENT4NGNREISSUE
U.S. Granted Utility Patents Originating in Okeechobee County, FL
PATENTCOUNTY12093
U.S. Granted Utility Patents Originating in Wheeling, WV-OH (MSA)
PATENTCBSA148540
U.S. Granted Utility Patents Originating in Day County, SD
PATENTCOUNTY46037
U.S. Granted Patents: Total Patents Originating in Kyrgyzstan
PATENT4NKGTOTAL
Citation
U.S. Federal Reserve, U.S. Granted Patents: Utility Patents Originating in Mexico (PATENT4NMXUTILITY), retrieved from FRED.