U.S. Granted Utility Patents Originating in Sevier County, AR
PATENTCOUNTY05133 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Sevier County, AR' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Sevier County, Arkansas.
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
This indicator provides insight into the innovative and entrepreneurial activity occurring in Sevier County, Arkansas. Utility patents represent technological advances and inventions, making this metric a key barometer of local economic development and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Historical Context
Policymakers and economic development organizations use this data to assess the technological capabilities and innovative output of local communities.
Key Facts
- Sevier County had 12 utility patents granted in 2021.
- The county's patent output has grown by 25% over the past 5 years.
- Manufacturing and software engineering are key innovative sectors in Sevier County.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Sevier County, Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Utility patents represent technological advances and inventions, making this metric a key indicator of local economic development and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this data to assess the technological capabilities and innovative output of local communities.
Q: Are there update delays or limitations?
A: The data is published with a several month delay, and may not capture all patents granted in a given period.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Sevier County, AR (PATENTCOUNTY05133), retrieved from FRED.