U.S. Granted Utility Patents Originating in Emmet County, MI
PATENTCOUNTY26047 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
-14.29%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Emmet County, MI' metric tracks the number of utility patents granted to inventors residing in Emmet County, Michigan. This provides insight into regional innovation and technological progress.
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 inventive activity and technological development within a geographic area. The 'U.S. Granted Utility Patents Originating in Emmet County, MI' series measures the output of patented innovations coming from this specific county in Michigan.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Trends in utility patents can inform economic development strategies and investment decisions.
Key Facts
- Emmet County, MI is home to the city of Petoskey.
- Patent counts can indicate a region's technological capabilities.
- Utility patents protect new and useful inventions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted to inventors residing in Emmet County, Michigan. Utility patents protect new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: Trends in utility patents can provide insights into the innovative capacity and technological progress of a specific geographic region.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Utility patent counts can inform economic development strategies and investment decisions aimed at fostering innovation and technological advancement in a region.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and potential delays of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Emmet County, MI (PATENTCOUNTY26047), retrieved from FRED.