The U.S. Patent and Trademark Office (USPTO) today released its third in a series of reports quantifying the contributions of IP-intensive industries to the U.S. economy. The report found that, in 2019, IP accounted for 41% of domestic economic activity and that IP-intensive industries accounted for 63 million jobs, or 44% of all U.S. employment. Direct employment accounted for 47.2 million jobs in 2019, or 33% of total U.S. employment. Indirect employment, which includes jobs created in other industries that depend at least partially on final sales in IP-intensive industries, accounted for an additional 11% of U.S. employment.
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