U.S. Granted Patents: Design Patents Originating in Trinidad and Tobago
PATENT4NTTDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Trinidad and Tobago' series tracks the number of design patents granted by the U.S. Patent and Trademark Office to inventors from Trinidad and Tobago. This metric provides insights into innovation and technology transfer between the two countries.
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 can reveal shifts in technological innovation, product development, and economic competitiveness between nations. The 'U.S. Granted Patents' series offers a quantitative measure of design innovation originating from Trinidad and Tobago.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) portal.
Historical Context
Policymakers and economists use this data to analyze trade and technological exchange between the U.S. and Trinidad and Tobago.
Key Facts
- Trinidad and Tobago is the smallest country by area in the Western Hemisphere.
- The U.S. is Trinidad and Tobago's largest trade partner, accounting for over 50% of its imports and exports.
- Design patents account for about 15% of all U.S. patents granted annually.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Patents: Design Patents Originating in Trinidad and Tobago' series tracks the number of design patents granted by the U.S. to inventors from Trinidad and Tobago.
Q: Why is this trend relevant for users or analysts?
A: Monitoring design patent trends provides insights into innovation, product development, and economic competitiveness between countries.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) portal.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trade and technological exchange between the U.S. and Trinidad and Tobago.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the U.S. Federal Reserve, but may be subject to reporting lags or revisions.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Trinidad and Tobago (PATENT4NTTDESIGN), retrieved from FRED.