U.S. Granted Patents: Total Patents Originating in New Hampshire
PATENTUSNHTOTAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,103.00
Year-over-Year Change
109.70%
Date Range
1/1/1992 - 1/1/2020
Summary
The 'U.S. Granted Patents: Total Patents Originating in New Hampshire' trend measures the total number of patents granted to inventors from the state of New Hampshire. This provides insight into the state's innovation and technological development.
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 metric tracks the total volume of patents originating in New Hampshire, which is a key indicator of the state's inventive and entrepreneurial activity. It is used by economists, policymakers, and businesses to assess New Hampshire's innovative capacity and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office and represents the total number of utility, design, and plant patents granted to New Hampshire-based inventors.
Historical Context
Monitoring trends in patenting activity is important for understanding regional economic conditions and informing policies that support innovation.
Key Facts
- New Hampshire is a top-10 state for patents per capita.
- Patents can lead to new products, jobs, and economic growth.
- The state's universities and tech companies drive much of its patenting activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of patents granted to inventors from the state of New Hampshire by the U.S. Patent and Trademark Office.
Q: Why is this trend relevant for users or analysts?
A: Tracking patenting activity in New Hampshire provides insight into the state's innovation and technological development, which is important for understanding regional economic conditions and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and represents the total number of utility, design, and plant patents granted to New Hampshire-based inventors.
Q: How is this trend used in economic policy?
A: Monitoring trends in patenting activity is important for policymakers to understand regional innovation and inform policies that support economic growth and competitiveness.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of patent data, as the U.S. Patent and Trademark Office processes applications.
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Citation
U.S. Federal Reserve, 'U.S. Granted Patents: Total Patents Originating in New Hampshire' (PATENTUSNHTOTAL), retrieved from FRED.