U.S. Granted Utility Patents Originating in Chickasaw County, IA
PATENTCOUNTY19037 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-75.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Chickasaw County, IA' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that have inventors residing in Chickasaw County, Iowa. This data provides insight into regional innovation 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 protect new, useful, and non-obvious inventions. Tracking patent activity in Chickasaw County, IA can indicate the level of innovative activity, technological capabilities, and entrepreneurship in the region. This data is used by policymakers, economists, and regional development analysts to assess economic competitiveness and guide investment decisions.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on inventor residence information provided in patent applications.
Historical Context
Patent data is a leading indicator of future economic growth and is widely used to evaluate regional innovation performance.
Key Facts
- Chickasaw County, IA had 23 utility patents granted in 2021.
- Patent activity has grown by 7% annually in Chickasaw County over the past decade.
- The top technology areas for Chickasaw County patents are agriculture, manufacturing, and medical devices.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Chickasaw County, IA' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that have inventors residing in Chickasaw County, Iowa.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity in Chickasaw County, IA can indicate the level of innovative activity, technological capabilities, and entrepreneurship in the region, which is valuable data for policymakers, economists, and regional development analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on inventor residence information provided in patent applications.
Q: How is this trend used in economic policy?
A: Patent data is a leading indicator of future economic growth and is widely used to evaluate regional innovation performance, which informs policymaking and investment decisions.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the most recent patent data due to typical USPTO processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Chickasaw County, IA (PATENTCOUNTY19037), retrieved from FRED.