U.S. Granted Utility Patents Originating in Non Metro/Micropolitan Statistical Areas in Arkansas

PATENTCBSA900905 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

26.00

Year-over-Year Change

18.18%

Date Range

1/1/2000 - 1/1/2015

Summary

This trend measures the number of utility patents granted to inventors residing in non-metropolitan or micropolitan statistical areas in Arkansas. It provides insights into the geographic distribution of innovative activity within the state.

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

The U.S. Granted Utility Patents Originating in Non Metro/Micropolitan Statistical Areas in Arkansas metric tracks the volume of utility patents awarded to individuals and organizations located outside of major urban centers in the state. This data point is useful for analyzing the regional patterns of innovation and entrepreneurship.

Methodology

The data is collected and published by the U.S. Patent and Trademark Office.

Historical Context

This metric is relevant for policymakers and economic development agencies interested in promoting innovation and technology-driven growth in rural and semi-rural regions.

Key Facts

  • Utility patents represent technological innovations.
  • Arkansas has a large rural population outside major metro areas.
  • This metric tracks patents from inventors in smaller communities.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of utility patents granted to inventors residing in non-metropolitan or micropolitan statistical areas in the state of Arkansas.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the geographic distribution of innovative activity within Arkansas, which is useful for policymakers and economic development agencies interested in promoting innovation and entrepreneurship in rural and semi-rural regions.

Q: How is this data collected or calculated?

A: The data is collected and published by the U.S. Patent and Trademark Office.

Q: How is this trend used in economic policy?

A: This metric is relevant for policymakers and economic development agencies interested in understanding and supporting innovation-driven growth in non-metropolitan and micropolitan areas of Arkansas.

Q: Are there update delays or limitations?

A: There may be some publication delays in the data, but the U.S. Patent and Trademark Office provides timely updates on granted utility patents.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Non Metro/Micropolitan Statistical Areas in Arkansas (PATENTCBSA900905), retrieved from FRED.