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New Media Authors: Suresh Sambandam

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U.S. Census Bureau Daily Feature for June 4

WASHINGTON, June 4, 2015 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:

U.S. Census Bureau

PATENTLY PRECOCIOUS

Profile AmericaThursday, June 4th. Most little boys at the age of 6 are content to play with toy trucks without thinking about how they could be improved. This was not the case for Robert Patch. He designed a truck that could be assembled and disassembled easily by a youngster — and changed into different types of truck each time, such as a dump truck or a closed van. Patch submitted his application and drawings in 1962, and on this date in 1963, he was granted a patent. In 2014, just over 300,000 patents were granted out of 615,000 applications. Fifty-one percent of the patents were awarded to foreign recipients. Toys, games and hobby goods are a small ticket-but-big total part of the economy, as nearly 133,000 retail outlets sell them to the tune of about $33 billion per year. Profile America is in  its 19th  year as a public service of the U.S. Census Bureau.

Sources:
Boy inventor: http://inventors.about.com/library/inventors/bl_robert_patch.htm 
Patent applications and grants:  http://www.uspto.gov/web/offices/ac/ido/oeip/taf/us_stat.htm 
Sales of toys, games and hobby goods/NAICS 20460: http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ECN_2012_US_44I3&prodType=table 

Profile America is produced by the Center for New Media and Promotions of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Multimedia Gallery" by the "Newsroom" button). 

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-census-bureau-daily-feature-for-june-4-300090928.html

SOURCE U.S. Census Bureau

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