U.S. Granted Utility Patents Originating in Non Metro/Micropolitan Statistical Areas in the U.S. Virgin Islands
PATENTCBSA900978 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
250.00%
Date Range
1/1/2000 - 1/1/2015
Summary
This trend measures the number of utility patents granted to inventors residing in non-metropolitan and micropolitan statistical areas in the U.S. Virgin Islands. It provides insights into the innovative activity and technological development occurring outside of major urban centers in the territory.
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 Non Metro/Micropolitan Statistical Areas in the U.S. Virgin Islands tracks the patents granted to inventors living in less densely populated regions of the territory. This metric is used to assess the geographic distribution of innovation and entrepreneurship beyond major metropolitan hubs.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) system.
Historical Context
This trend is important for policymakers and economic development analysts to understand patterns of technological progress and small business activity across the U.S. Virgin Islands.
Key Facts
- Patents originating in non-metro areas account for a significant share of total U.S. Virgin Islands utility patents.
- The U.S. Virgin Islands has seen growth in utility patents from non-metro regions in recent years.
- Tracking non-metro patent trends is important for understanding economic diversification in the territory.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors residing in non-metropolitan and micropolitan statistical areas in the U.S. Virgin Islands.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographic distribution of innovation and entrepreneurship beyond major urban centers in the U.S. Virgin Islands, which is important for understanding economic development patterns.
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) system.
Q: How is this trend used in economic policy?
A: This trend is important for policymakers and economic development analysts to understand patterns of technological progress and small business activity across the U.S. Virgin Islands.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for patent applications to be processed and published.
Related Trends
U.S. Granted Patents: Reissue Patents Originating in the United Arab Emirates
PATENT4NAEREISSUE
U.S. Granted Patents: Total Patents Originating in North Dakota
PATENTUSNDTOTAL
U.S. Granted Utility Patents Originating in Klamath County, OR
PATENTCOUNTY41035
U.S. Granted Utility Patents Originating in Rio Grande Municipio, PR
PATENTCOUNTY72119
U.S. Granted Patents: Total Patents Originating in Iran
PATENT4NIRTOTAL
U.S. Granted Utility Patents Originating in Williamsburg City, VA
PATENTCOUNTY51830
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Non Metro/Micropolitan Statistical Areas in the U.S. Virgin Islands (PATENTCBSA900978), retrieved from FRED.