U.S. Granted Utility Patents Originating in Dallas-Fort Worth-Arlington, TX (MSA)
PATENTCBSA119100 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,026.00
Year-over-Year Change
60.62%
Date Range
1/1/2000 - 1/1/2015
Summary
This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from the Dallas-Fort Worth-Arlington, TX metropolitan statistical area (MSA). It provides insights into the region's 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 new and useful inventions, processes, or improvements. This metric reflects the innovative output and technological capabilities of the Dallas-Fort Worth-Arlington MSA, which is home to numerous technology, telecommunications, and manufacturing companies.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is used by economists, policymakers, and investors to assess the innovation and competitiveness of regional economies.
Key Facts
- Dallas-Fort Worth-Arlington MSA is a major technology hub.
- Utility patents measure novel and useful inventions.
- Patent data provides insights into regional 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 Dallas-Fort Worth-Arlington, TX metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the innovation and technological capabilities of the Dallas-Fort Worth-Arlington region, which is important for evaluating regional economic competitiveness and development.
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: This trend is used by economists, policymakers, and investors to assess the innovation and competitiveness of the Dallas-Fort Worth-Arlington regional economy.
Q: Are there update delays or limitations?
A: The data may have a short delay in reporting from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Dallas-Fort Worth-Arlington, TX (MSA) (PATENTCBSA119100), retrieved from FRED.