U.S. Granted Utility Patents Originating in Killeen-Temple-Fort Hood, TX (MSA)
PATENTCBSA128660 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
31.25%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted to inventors originating in the Killeen-Temple-Fort Hood, TX metropolitan statistical area (MSA). It provides insights into the region's innovation and technological activity.
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
The U.S. Granted Utility Patents Originating in Killeen-Temple-Fort Hood, TX (MSA) trend tracks the patents issued to inventors from this specific geographic area. It is a key indicator of the region's intellectual property development and technological capabilities.
Methodology
The data is collected and compiled by the U.S. Patent and Trademark Office.
Historical Context
This metric is widely used by policymakers, economic development agencies, and businesses to assess a region's innovative capacity and competitiveness.
Key Facts
- Killeen-Temple-Fort Hood, TX is home to major military installations.
- The region has seen steady growth in utility patent grants over the past decade.
- High-tech industries are a key economic driver in the Killeen-Temple-Fort Hood MSA.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors originating from the Killeen-Temple-Fort Hood, TX metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents granted in a region is a key indicator of its technological innovation and economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to assess a region's innovative capacity and guide investment decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent patent activity in the region.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Killeen-Temple-Fort Hood, TX (MSA) (PATENTCBSA128660), retrieved from FRED.