U.S. Granted Utility Patents Originating in Trimble County, KY
PATENTCOUNTY21223 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Trimble County, KY' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were issued to inventors residing in Trimble County, Kentucky. This data provides insights 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 are a type of patent granted for the invention of a new and useful process, machine, manufacture, or composition of matter. Tracking patent counts by county enables researchers and policymakers to analyze geographic patterns in innovation and R&D activity across the United States.
Methodology
The data is collected directly from U.S. Patent and Trademark Office administrative records.
Historical Context
Patent data is widely used to assess regional competitiveness, guide economic development initiatives, and understand the geography of technological change.
Key Facts
- Trimble County, KY had 15 utility patents granted in 2021.
- Patents are a key indicator of technological advancement.
- Regions with high patent activity often have strong innovative ecosystems.
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 to inventors residing in Trimble County, Kentucky.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides insights into regional innovation and technological development, which is valuable for understanding economic competitiveness and guiding policy.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. Patent and Trademark Office administrative records.
Q: How is this trend used in economic policy?
A: Patent data is widely used to assess regional competitiveness, guide economic development initiatives, and understand the geography of technological change.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of patent data due to administrative processing timelines.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Trimble County, KY (PATENTCOUNTY21223), retrieved from FRED.