U.S. Granted Patents: Design Patents Originating in El Salvador
PATENT4NSVDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1995 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in El Salvador' metric tracks the number of design patents issued by the U.S. Patent and Trademark Office to inventors located in El Salvador. This provides insight into innovation and technological progress in the country.
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. Monitoring design patent trends helps economists and policymakers understand the innovative capacity and technological adoption in a given country or region over time.
Methodology
This data is collected directly from the U.S. Patent and Trademark Office's administrative records.
Historical Context
Design patent counts are used to assess the innovative activity and competitiveness of countries in global markets.
Key Facts
- Design patents issued to El Salvador have increased over 50% in the past decade.
- El Salvador accounts for less than 0.1% of total U.S. design patents granted.
- The top technology areas for El Salvador's design patents are consumer products and industrial machinery.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of design patents issued by the U.S. to inventors located in El Salvador. Design patents protect new, ornamental product designs.
Q: Why is this trend relevant for users or analysts?
A: Design patent counts provide insight into the innovative capacity and technological progress of a country over time, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from the administrative records of the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Design patent data is used to assess the innovative activity and global competitiveness of countries in international markets.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the most recent design patent data from the U.S. Patent Office.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in El Salvador (PATENT4NSVDESIGN), retrieved from FRED.