Friday, October 18, 2013

RI TrademarkTracker™ --- RI Trademark Filings Down 12.9% Through 3rd Quarter 2013

Applicants with Rhode Island addresses filed 230 applications to register trademarks with the U.S. Patent and Trademark Office (PTO) during the third quarter of 2013.  This represents a 21% decrease over the 291 trademark applications filed by Rhode Island owners during the third quarter of 2012, and exactly the same number as the 230 trademark applications filed for the third quarter of 2011.

Through September 30, Rhode Island applicants have filed 737 applications with the PTO in 2013.  This represents a 12.9% decrease over the 846 Rhode Island trademark applications filed for the first 9 months of 2012, and a 17.3 % decrease over the 891 trademark applications filed by Rhode Islanders for the first nine months of 2011.

Nationally, there is a slight upward trend in filings.  A total of 78,945 trademark applications were filed with the PTO in the third quarter of 2013, representing a 1% increase over the 78,176 trademark applications filed in the third quarter of 2012.  A total of 242,085 applications have been filed with the PTO in 2013 through September 30, representing a .2 % increase over the 241,628 applications filed during the first 9 months of 2012. 

The most likely explanation for the downward trend in filings remains the sluggish economy in Rhode Island.  During economic downturns, there are fewer new start up companies to file new applications, and mature companies are watching budgets carefully and only filing where necessary to protect their major brands.  Nationally, the economy is picking up, but the trend has not really been felt here yet.

The top five RI filers during July, August and September of 2013 are 4 consumer product companies and one financial services company.  Hasbro filed the largest number of applications among Rhode Island applicants with 20 filings.  Alex and Ani was next with 17 applications.  Hasbro subsidiary Wizards of the Coast was third with 9 filings, followed by RBS Citizens Financial Group (8 filings) and CVS Pharmacy, Inc. (8 filings).

Data supplied by PTO.

Related Posts:

RI Trademark Filings Decrease 9% in First Half of 2013 (8/15/2013)

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