U.S. Granted Utility Patents Originating in San Francisco County, CA
PATENTCOUNTY06075 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,292.00
Year-over-Year Change
431.69%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in San Francisco County, CA' series tracks the total number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in San Francisco County, California.
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
This data series provides insight into the innovative activity and technological development originating from the San Francisco Bay Area, a major global hub for technology and entrepreneurship. It is closely monitored by economists, policymakers, and industry analysts to assess regional innovation trends.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office based on the geographic location of the patent applicant's residence.
Historical Context
This metric is used to evaluate the economic and innovative competitiveness of San Francisco and the broader San Francisco Bay Area.
Key Facts
- San Francisco County led all U.S. counties in utility patents granted in 2021.
- Utility patents measure major, non-obvious technological advances.
- Patent activity is a key indicator of a region's R&D and commercial innovation.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in San Francisco County, California.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative activity and technological development originating from the San Francisco Bay Area, a major global hub for technology and entrepreneurship.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office based on the geographic location of the patent applicant's residence.
Q: How is this trend used in economic policy?
A: This metric is used to evaluate the economic and innovative competitiveness of San Francisco and the broader San Francisco Bay Area.
Q: Are there update delays or limitations?
A: The data is subject to the regular publication schedule of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Francisco County, CA (PATENTCOUNTY06075), retrieved from FRED.