U.S. Granted Utility Patents Originating in Fayette County, IA
PATENTCOUNTY19065 • 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 Fayette County, IA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors living in Fayette County, Iowa.
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 economic indicator provides insights into the innovative activity and technological progress occurring within a specific county. Economists and policymakers use this data to assess the entrepreneurial and R&D climate of local economies.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
This patent data can inform regional economic development strategies and investment decisions.
Key Facts
- Fayette County, IA averaged 7 utility patents per year from 2000-2020.
- The highest number of patents originating in Fayette County was 12 in 2015.
- Patent activity in Fayette County has grown by 50% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors living in Fayette County, Iowa.
Q: Why is this trend relevant for users or analysts?
A: This patent data provides insights into the innovative activity and technological progress occurring within Fayette County, which is useful for assessing the entrepreneurial and R&D climate of the local economy.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This patent data can inform regional economic development strategies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few months of the end of each year.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Fayette County, IA (PATENTCOUNTY19065), retrieved from FRED.