U.S. Granted Utility Patents Originating in White County, AR
PATENTCOUNTY05145 • 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 White County, AR' tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from White County, Arkansas. This measure provides insight into local innovation and entrepreneurial 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 granted for new and useful inventions, processes, or improvements. Tracking patents granted to inventors in White County helps assess the region's technological development, competitiveness, and ability to commercialize new ideas.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
Patent data is widely used by economists, policymakers, and regional analysts to evaluate innovation trends and support economic development initiatives.
Key Facts
- White County, AR averaged 78 utility patents per year from 2010-2019.
- Utility patents originating in White County peaked at 95 in 2015.
- Patent activity in White County is above the national average for counties of similar size.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from White County, Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patent activity is crucial for assessing a region's technological development, innovation, and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and aggregated by county of origin.
Q: How is this trend used in economic policy?
A: Patent data is widely used by economists, policymakers, and regional analysts to support economic development initiatives and evaluate innovation trends.
Q: Are there update delays or limitations?
A: There may be lags in reporting as patents are processed, and the data is limited to the county level.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in White County, AR (PATENTCOUNTY05145), retrieved from FRED.