U.S. Granted Utility Patents Originating in Valdez-Cordova Census Area, AK
PATENTCOUNTY02261 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate in the Valdez-Cordova Census Area of Alaska. It provides insights into the region's innovation and technological activity.
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
Utility patents protect new and useful inventions, machines, processes, and compositions of matter. Tracking patent grants at the county level can indicate localized economic competitiveness and technological capabilities.
Methodology
The data is collected by the U.S. Patent and Trademark Office and compiled by the U.S. Federal Reserve.
Historical Context
This metric is used by policymakers, regional economic analysts, and R&D-focused businesses to assess innovation trends in specific geographic areas.
Key Facts
- Valdez-Cordova Census Area is located in Southcentral Alaska.
- Patents can indicate new product development and technological capabilities.
- Patent data provides insights into regional economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from the Valdez-Cordova Census Area in Alaska.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent grants at the county level can provide insights into regional innovation, technological capabilities, and economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, regional economic analysts, and R&D-focused businesses use this metric to assess innovation and technological activity in the Valdez-Cordova Census Area.
Q: Are there update delays or limitations?
A: There may be a lag between when patents are granted and when the data is published and updated.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Valdez-Cordova Census Area, AK (PATENTCOUNTY02261), retrieved from FRED.