U.S. Granted Utility Patents Originating in Arapahoe County, CO
PATENTCOUNTY08005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
252.00
Year-over-Year Change
127.03%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Arapahoe County, CO' metric tracks the number of utility patents granted to inventors residing in Arapahoe County, Colorado. This metric provides insights into local innovation and technological development.
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. This series measures the number of utility patents granted to residents of Arapahoe County, providing a gauge of the region's technological innovation and economic competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office and represents granted utility patents by the county of origin.
Historical Context
Policymakers and economic development organizations use this metric to assess the innovative capacity and technological strengths of local communities.
Key Facts
- Arapahoe County, CO is home to several major technology companies.
- Utility patents are a key indicator of technological innovation.
- Patent counts can inform economic development strategies.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted to inventors residing in Arapahoe County, Colorado. Utility patents are a type of patent granted for new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating in a region provides insights into the local innovation ecosystem and technological competitiveness. This is an important indicator for policymakers, economic development organizations, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and represents granted utility patents by the county of origin.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this metric to assess the innovative capacity and technological strengths of local communities, which can inform strategies for fostering economic growth and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the processing timelines of the U.S. Patent and Trademark Office, so there may be some delay between patent grants and the availability of the data.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Arapahoe County, CO (PATENTCOUNTY08005), retrieved from FRED.