U.S. Granted Utility Patents Originating in Prowers County, CO
PATENTCOUNTY08099 • 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 Prowers County, CO' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Prowers County, Colorado. This metric provides insights into the region's innovative activity 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 the invention of a new and useful process, machine, manufacture, or composition of matter. The 'U.S. Granted Utility Patents Originating in Prowers County, CO' series measures the volume of successful patent applications from this specific geographic area, which can indicate the level of entrepreneurship, research, and technological advancement in the region.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
This metric is used by policymakers, economists, and business analysts to assess the innovative capacity and economic competitiveness of Prowers County, Colorado.
Key Facts
- Prowers County, CO is home to over 12,000 residents.
- The county's largest industries include agriculture, manufacturing, and healthcare.
- The number of utility patents originating from Prowers County has grown by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Prowers County, CO' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Prowers County, Colorado.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of innovation, entrepreneurship, and technological development in Prowers County, which is valuable information for policymakers, economists, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and business analysts to assess the innovative capacity and economic competitiveness of Prowers County, Colorado.
Q: Are there update delays or limitations?
A: The data is subject to the patent application and granting process, which can result in occasional update delays.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Prowers County, CO (PATENTCOUNTY08099), retrieved from FRED.