U.S. Granted Patents: Design Patents Originating in Maryland
PATENTUSMDDESIGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167.00
Year-over-Year Change
-9.73%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Design Patents Originating in Maryland' trend measures the number of design patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in the state of Maryland.
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
Design patents protect the ornamental or aesthetic aspects of a manufactured item. Tracking design patent activity provides insights into innovation and competitiveness in Maryland's industrial and commercial sectors.
Methodology
The data is collected and reported directly by the U.S. Patent and Trademark Office.
Historical Context
Design patent data is used by economists, policymakers, and business analysts to monitor economic and technological development.
Key Facts
- Maryland ranks among the top 10 U.S. states for design patent activity.
- Design patents have grown faster than utility patents over the past decade.
- Computer and electronic products account for the largest share of Maryland's design patents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of design patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: Tracking design patent activity provides insights into innovation and competitiveness in Maryland's industrial and commercial sectors.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Design patent data is used by economists, policymakers, and business analysts to monitor economic and technological development.
Q: Are there update delays or limitations?
A: The data is published with a short delay and may not capture the most recent trends.
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Citation
U.S. Federal Reserve, U.S. Granted Patents: Design Patents Originating in Maryland (PATENTUSMDDESIGN), retrieved from FRED.