U.S. Granted Utility Patents Originating in W. Carroll County, LA
PATENTCOUNTY22123 • 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 W. Carroll County, LA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from W. Carroll County, Louisiana. This metric is an important indicator of regional innovation and entrepreneurial activity.
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 new and useful inventions, machines, or processes. Tracking the number of utility patents originating from a specific county provides insights into the local innovation ecosystem and technological development.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Historical Context
This trend is used by economists, policymakers, and regional development agencies to assess the innovation capacity and competitiveness of local economies.
Key Facts
- W. Carroll County ranked 78th out of 3,143 U.S. counties for utility patents in 2021.
- Utility patents originating in W. Carroll County increased by 12% from 2020 to 2021.
- The U.S. granted a total of 389,957 utility patents in 2021.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in W. Carroll County, LA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from W. Carroll County, Louisiana.
Q: Why is this trend relevant for users or analysts?
A: Tracking utility patents at the county level provides insights into regional innovation and entrepreneurial activity, which are key indicators of economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the geographic origin of patent applications.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and regional development agencies use this trend to assess the innovation capacity and competitiveness of local economies, informing economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines of the U.S. Patent and Trademark Office, which may result in periodic update delays.
Similar PATENTCOUNTY Trends
U.S. Granted Utility Patents Originating in Oshkosh-Neenah, WI (MSA)
PATENTCBSA136780
U.S. Granted Utility Patents Originating in Brunswick, GA (MSA)
PATENTCBSA115260
U.S. Granted Utility Patents Originating in Pointe Coupee Parish, LA
PATENTCOUNTY22077
U.S. Granted Patents: Plant Patents Originating in Arkansas
PATENTUSARPLANT
U.S. Granted Patents: Total Patents Originating in North Carolina
PATENTUSNCTOTAL
U.S. Granted Utility Patents Originating in Perkins County, SD
PATENTCOUNTY46105
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in W. Carroll County, LA (PATENTCOUNTY22123), retrieved from FRED.