U.S. Granted Utility Patents Originating in Costilla County, CO
PATENTCOUNTY08023 • 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 Costilla County, CO' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Costilla County, Colorado. This metric provides insight into innovation and technological activity 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. Tracking the number of utility patents originating in a specific county can indicate the level of technological and innovative activity in that local economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and tabulated by county of origin.
Historical Context
Policymakers and economic development agencies use this data to assess the innovation landscape and target initiatives to support entrepreneurship and R&D.
Key Facts
- Costilla County, CO is a rural county with a population under 4,000.
- Patent activity in the county has been volatile, ranging from 0 to 10 patents per year.
- The highest number of utility patents originated in Costilla County in 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Costilla County, Colorado.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity in a specific county provides insight into the level of technological innovation and entrepreneurship in the local economy.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and tabulated by county of origin.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this data to assess innovation and target initiatives to support R&D and entrepreneurship in the region.
Q: Are there update delays or limitations?
A: There may be lags in the reporting of patent data, as the process of issuing patents can take considerable time.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Costilla County, CO (PATENTCOUNTY08023), retrieved from FRED.