U.S. Granted Utility Patents Originating in Osceola County, IA
PATENTCOUNTY19143 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Osceola County, IA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Osceola County, Iowa. This metric provides insight into the county's innovative output and economic competitiveness.
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 technological innovation and entrepreneurship within a geographic region. Analyzing patent trends in Osceola County can help assess the area's capacity for new product development, process improvements, and research-driven economic growth.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
Policymakers and economic development agencies use this metric to benchmark Osceola County's innovation ecosystem against peer regions.
Key Facts
- Osceola County is a rural county in northwest Iowa.
- Patent activity is an important driver of economic growth.
- The number of patents originating in Osceola County has fluctuated over time.
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 Osceola County, Iowa.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity in Osceola County provides insights into the area's capacity for innovation, technological advancement, and entrepreneurial development.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and aggregated by county of origin.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to benchmark Osceola County's innovation ecosystem and guide investment and support for local businesses and research initiatives.
Q: Are there update delays or limitations?
A: There may be some delays in reporting patent data due to the time required for the U.S. Patent and Trademark Office to process and publish new grants.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Osceola County, IA (PATENTCOUNTY19143), retrieved from FRED.