U.S. Granted Utility Patents Originating in Grant County, IN
PATENTCOUNTY18053 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-71.43%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Grant County, IN' series tracks the number of utility patents granted annually by the U.S. Patent and Trademark Office that originated from inventors located in Grant County, Indiana.
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
This metric serves as an indicator of innovation and technological development within a specific geographic region. It provides insights into the local innovation ecosystem and can be used to analyze trends in patenting activity, which is a key driver of economic growth and competitiveness.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is relevant for policymakers, economic development agencies, and businesses interested in understanding the innovation capacity and intellectual property landscape of Grant County, Indiana.
Key Facts
- Grant County, IN had 93 utility patents granted in 2021.
- Patenting activity in Grant County has increased by 20% over the past 5 years.
- The top technology areas for patents originating in Grant County are manufacturing and medical devices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted annually by the U.S. Patent and Trademark Office that originated from inventors located in Grant County, Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the innovation and technological development occurring within Grant County, which is an important indicator of the region's economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, economic development agencies, and businesses interested in understanding the innovation capacity and intellectual property landscape of Grant County, Indiana.
Q: Are there update delays or limitations?
A: The data is reported annually with a typical 1-year lag, so the most recent year available may not reflect the current state of patenting activity.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Grant County, IN (PATENTCOUNTY18053), retrieved from FRED.