U.S. Granted Utility Patents Originating in Eaton County, MI
This dataset tracks u.s. granted utility patents originating in eaton county, mi over time.
Latest Value
10.00
Year-over-Year Change
-9.09%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Eaton County, MI' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors residing in Eaton County, Michigan. This data provides insight into the innovative activity and technological progress within a specific regional economy.
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 protect new and useful inventions, machines, processes, or compositions of matter. Tracking patent grants by county allows analysis of geographic patterns in innovation, which can inform economic development strategies and spur technological progress.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported on a monthly basis.
Historical Context
Policy makers and business leaders use this data to understand regional innovation trends and target resources to spur economic growth.
Key Facts
- Eaton County, MI is home to several major manufacturing and technology companies.
- Patents spur economic growth by protecting new inventions and driving further innovation.
- Patent data provides insights into a region's competitiveness and technological specialization.
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 inventors residing in Eaton County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent grants by county provides insights into regional innovation and technological progress, which can inform economic development strategies and spur further innovation.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policy makers and business leaders use this data to understand regional innovation trends and target resources to support economic growth and technological advancement.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month delay between the reporting period and publication.
Related News
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
U.S. Stock Indices Rebound After Tech Stocks' Recent Decline
US Stock Indices Rebound: Understanding the Market Recovery The recent surge in the US stock market marks a significant upturn, with key indices such as the Nasdaq and S&P 500 leading this recovery. The primary metric underpinning these shifts is the civilian employment-to-population ratio, reflecting positive economic momentum. This boost in indices can be linked to a complex interplay of factors, including recent economic data, renewed market optimism, and evolving investor behavior, casting
Similar PATENTCOUNTY Trends
U.S. Granted Utility Patents Originating in Abbeville County, SC
PATENTCOUNTY45001
U.S. Granted Utility Patents Originating in Adair County, KY
PATENTCOUNTY21001
U.S. Granted Utility Patents Originating in Adair County, MO
PATENTCOUNTY29001
U.S. Granted Utility Patents Originating in Adams County, CO
PATENTCOUNTY08001
U.S. Granted Utility Patents Originating in Aguadilla Municipio, PR
PATENTCOUNTY72005
U.S. Granted Utility Patents Originating in Aguas Buenas Municipio, PR
PATENTCOUNTY72007
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Eaton County, MI (PATENTCOUNTY26045), retrieved from FRED.