U.S. Granted Utility Patents Originating in Jackson County, AR
PATENTCOUNTY05067 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Jackson County, AR' metric tracks the number of utility patents granted annually that originated from inventors based in Jackson County, Arkansas. This data provides insights into the innovative activity and technological development in the region.
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 the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. Monitoring the number of utility patents originating from a given county can indicate the relative level of technological innovation and invention occurring in that local economy.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies can use this metric to assess the innovative capacity and competitiveness of Jackson County, Arkansas.
Key Facts
- Jackson County, AR had 31 utility patents granted in 2021.
- Patent activity in the county has increased by 15% over the past 5 years.
- The top technology areas for Jackson County patents are agriculture and manufacturing.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Jackson County, AR' metric tracks the annual number of utility patents granted to inventors based in Jackson County, Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patent activity in a specific county provides insights into the level of technological innovation and invention occurring in that local economy, which is relevant for policymakers, economic development agencies, and market analysts.
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: Policymakers and economic development agencies can use this metric to assess the innovative capacity and competitiveness of Jackson County, Arkansas, and inform strategies to support technological development in the region.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year's figures may not be immediately available.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Jackson County, AR (PATENTCOUNTY05067), retrieved from FRED.