U.S. Granted Utility Patents Originating in Manassas City, VA
PATENTCOUNTY51683 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
66.67%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Manassas City, VA' trend measures the volume of utility patents granted for innovations originating from Manassas City, Virginia. This provides insight into the region's technological and inventive 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
This series tracks the number of utility patents granted by the U.S. Patent and Trademark Office (USPTO) to inventors based in Manassas City, Virginia. Utility patents cover new and useful inventions, processes, or improvements, making this a key indicator of innovative output from the region.
Methodology
The data is collected directly from USPTO patent grant records.
Historical Context
Patent activity is closely monitored by policymakers, investors, and analysts as a gauge of technological and commercial dynamism.
Key Facts
- Manassas City, VA is home to numerous high-tech companies and research centers.
- Utility patents account for the majority of all patents granted in the U.S.
- Patent activity is a leading indicator of future productivity and economic growth.
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 to inventors based in Manassas City, Virginia.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is a key indicator of technological innovation and commercial dynamism in a region, making this data highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected directly from USPTO patent grant records.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor patent data to gauge the technological competitiveness and innovation capacity of different regions, informing economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags in the reporting of patent grants, as the data is dependent on the USPTO's publication schedule.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Manassas City, VA (PATENTCOUNTY51683), retrieved from FRED.