# United States Real Investment: Intellectual Prop. (SAAR)

United States Real Investment: Intellectual Prop. (SAAR) was 8.4% in Q3 2026, down 0.8 percentage points from Q2 2026 and up 2.7 percentage points from a year earlier.
Over the past ten years it has ranged from −10.0% (Q2 2020) to 16.3% (Q2 2025), averaging 7.8%.

- Source agency: U.S. Bureau of Economic Analysis
- Makrognosis code: `US.GDP.Q.REAL.GRP-INV-IPP`
- Frequency: quarterly
- Units: % SAAR
- Coverage: 1966-01-01 to 2026-07-01 (243 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/real-investment-intellectual-prop-saar

## Recent data

| Period | Value |
|---|---:|
| Q3 2026 | 8.4% |
| Q2 2026 | 9.2% |
| Q1 2026 | 15.6% |
| Q4 2025 | 4.4% |
| Q3 2025 | 5.7% |
| Q2 2025 | 16.3% |
| Q1 2025 | 8.0% |
| Q4 2024 | 1.4% |
| Q3 2024 | 3.6% |
| Q2 2024 | 2.1% |
| Q1 2024 | 8.3% |
| Q4 2023 | 5.1% |
| Q3 2023 | 3.0% |
| Q2 2023 | 4.2% |
| Q1 2023 | 4.2% |
| Q4 2022 | 8.4% |
| Q3 2022 | 6.4% |
| Q2 2022 | 12.2% |
| Q1 2022 | 14.0% |
| Q4 2021 | 13.2% |
| Q3 2021 | 10.2% |
| Q2 2021 | 13.4% |
| Q1 2021 | 14.7% |
| Q4 2020 | 10.5% |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.GDP.Q.REAL.GRP-INV-IPP"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.GDP.Q.REAL.GRP-INV-IPP",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```