U.S. Granted Utility Patents Originating in Pointe Coupee Parish, LA
PATENTCOUNTY22077 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Pointe Coupee Parish, LA' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Pointe Coupee Parish, Louisiana. This metric provides insight into local 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
This economic indicator tracks the number of utility patents granted to individuals and organizations located in Pointe Coupee Parish, Louisiana. Utility patents protect new and useful inventions, and are a key measure of technological innovation and entrepreneurial activity within a region.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Patent data is used by policymakers, economic development agencies, and market analysts to assess the innovative capacity and technological competitiveness of local economies.
Key Facts
- Pointe Coupee Parish is located in south-central Louisiana.
- Patents are a key driver of economic growth and technological progress.
- The number of patents granted reflects the region's innovative capacity.
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 to inventors residing in Pointe Coupee Parish, Louisiana.
Q: Why is this trend relevant for users or analysts?
A: Patent data is a valuable indicator of technological innovation and entrepreneurial activity within a local economy, which is crucial for assessing economic competitiveness and development.
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: Policymakers, economic development agencies, and market analysts use patent data to evaluate the innovative capacity and technological competitiveness of local economies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and potential lags of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Pointe Coupee Parish, LA (PATENTCOUNTY22077), retrieved from FRED.