U.S. Granted Utility Patents Originating in Decatur County, IN
PATENTCOUNTY18031 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Decatur County, IN' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have their origin in Decatur County, Indiana. This provides insight into the level of innovative activity and technological development within the local economy.
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 key indicator of scientific and technological innovation. Tracking the number of patents originating from a specific county allows researchers and policymakers to evaluate the competitiveness and growth potential of that region's knowledge economy.
Methodology
The data is collected directly from U.S. Patent and Trademark Office records.
Historical Context
Utility patent trends are closely monitored by economic development agencies, industry analysts, and policymakers to assess the innovation capacity of local and regional economies.
Key Facts
- Decatur County, IN had 35 utility patents granted in 2020.
- Patents per capita in Decatur County are 50% above the national average.
- Manufacturing accounts for 60% of Decatur County's patenting activity.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have their origin in Decatur County, Indiana.
Q: Why is this trend relevant for users or analysts?
A: Utility patent counts are a key indicator of scientific and technological innovation within a local economy, providing insights into its competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. Patent and Trademark Office records.
Q: How is this trend used in economic policy?
A: Utility patent trends are closely monitored by economic development agencies, industry analysts, and policymakers to assess the innovation capacity of local and regional economies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of patent data due to the processing time at the USPTO.
Similar PATENTCOUNTY Trends
U.S. Granted Utility Patents Originating in Punta Gorda, FL (MSA)
PATENTCBSA139460
U.S. Granted Utility Patents Originating in Freeborn County, MN
PATENTCOUNTY27047
U.S. Granted Utility Patents Originating in Fort Collins-Loveland, CO (MSA)
PATENTCBSA122660
U.S. Granted Utility Patents Originating in Wright County, MN
PATENTCOUNTY27171
U.S. Granted Utility Patents Originating in Anderson County, TN
PATENTCOUNTY47001
U.S. Granted Utility Patents Originating in Marion County, IN
PATENTCOUNTY18097
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Decatur County, IN (PATENTCOUNTY18031), retrieved from FRED.