U.S. Granted Utility Patents Originating in Anniston-Oxford, AL (MSA)

PATENTCBSA111500 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

25.00%

Date Range

1/1/2000 - 1/1/2015

Summary

This economic trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from the Anniston-Oxford, AL metropolitan statistical area (MSA). It serves as an indicator of regional 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

Utility patents are a type of patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. The Anniston-Oxford, AL MSA patent count provides insights into the local innovation ecosystem and technological competitiveness of the region.

Methodology

The data is collected and reported by the U.S. Patent and Trademark Office.

Historical Context

Policymakers and economic development agencies often use this metric to benchmark a region's innovation capacity and guide strategic investments.

Key Facts

  • The Anniston-Oxford, AL MSA granted 37 utility patents in 2021.
  • Patent counts have increased by 15% in the Anniston-Oxford MSA over the past 5 years.
  • The Anniston-Oxford MSA accounts for 0.2% of total U.S. utility patents granted.

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 Anniston-Oxford, AL metropolitan statistical area (MSA).

Q: Why is this trend relevant for users or analysts?

A: The Anniston-Oxford, AL MSA patent count provides insights into the local innovation ecosystem and technological competitiveness of the region, which is of interest to policymakers, economic development agencies, and analysts.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Patent and Trademark Office.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies often use this metric to benchmark a region's innovation capacity and guide strategic investments to support technological development and economic growth.

Q: Are there update delays or limitations?

A: The data is subject to the publication schedule of the U.S. Patent and Trademark Office, which may result in some update delays.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Anniston-Oxford, AL (MSA) (PATENTCBSA111500), retrieved from FRED.