U.S. Granted Utility Patents Originating in Coconino County, AZ
This dataset tracks u.s. granted utility patents originating in coconino county, az over time.
Latest Value
64.00
Year-over-Year Change
146.15%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Coconino County, AZ' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Coconino County, Arizona. This metric provides insight into regional innovation and economic 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 are a type of patent granted for new and useful inventions or discoveries. The 'U.S. Granted Utility Patents Originating in Coconino County, AZ' series tracks the number of these patents that are associated with inventors or assignees located in Coconino County, Arizona. This data is used to analyze local innovation, technology development, and economic competitiveness.
Methodology
The data is collected from official U.S. Patent and Trademark Office records.
Historical Context
This patent trend is relevant for policymakers, economic development agencies, and researchers studying regional innovation and technology-driven growth.
Key Facts
- Coconino County is home to Northern Arizona University.
- The county has a population of over 145,000 as of 2021.
- Technology and tourism are key industries in the region.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Coconino County, AZ' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that are associated with inventors or assignees located in Coconino County, Arizona.
Q: Why is this trend relevant for users or analysts?
A: This patent trend provides insight into regional innovation and technology-driven economic activity in Coconino County. It is useful for policymakers, economic development agencies, and researchers studying local competitiveness and growth.
Q: How is this data collected or calculated?
A: The data is collected directly from official U.S. Patent and Trademark Office records.
Q: How is this trend used in economic policy?
A: This patent data is used by policymakers and economic development organizations to understand regional innovation, target investment, and formulate strategies to foster technology-driven growth.
Q: Are there update delays or limitations?
A: There may be delays of several months between the granting of patents and their inclusion in this data series, as the information is sourced directly from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Coconino County, AZ (PATENTCOUNTY04005), retrieved from FRED.