U.S. Granted Utility Patents Originating in St. Johns County, FL
PATENTCOUNTY12109 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.00
Year-over-Year Change
72.58%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in St. Johns County, FL' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors residing in St. Johns County, Florida. This metric is useful for economists and policymakers to analyze innovation and technological development 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 new and useful inventions, processes, machines, and compositions of matter. This trend provides insight into the innovative capacity and intellectual property landscape of St. Johns County, Florida, which can inform economic development strategies and investment decisions.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of inventor residence.
Historical Context
This metric is used by economists, policymakers, and investors to understand regional innovation trends and guide economic policy.
Key Facts
- St. Johns County, FL is home to over 265,000 residents.
- In 2021, 142 utility patents were granted to inventors in St. Johns County.
- The top technology areas for St. Johns County patents include medical devices and software.
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 inventors residing in St. Johns County, Florida.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative capacity and intellectual property landscape of St. Johns County, Florida, which can inform economic development strategies and investment decisions.
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 of inventor residence.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and investors to understand regional innovation trends and guide economic policy.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag, and may not capture all patents due to the timing of the patent application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in St. Johns County, FL (PATENTCOUNTY12109), retrieved from FRED.