U.S. Granted Utility Patents Originating in Gladwin County, MI
PATENTCOUNTY26051 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-66.67%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Gladwin County, MI' series tracks the number of utility patents issued by the U.S. Patent and Trademark Office that originated from Gladwin County, Michigan. This metric is a key indicator of local 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 granted for new, useful, and non-obvious inventions or improvements. The volume of patents originating from a specific county provides insight into the local ecosystem for research, development, and entrepreneurship in that region.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies use this metric to benchmark and promote innovation-driven growth in local communities.
Key Facts
- Gladwin County is located in the state of Michigan.
- The number of utility patents originating from a region is a key indicator of technological innovation.
- Patents can lead to the commercialization of new products and services.
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 originated from Gladwin County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: The volume of patents from a local area provides insight into the region's innovation ecosystem and potential for economic growth driven by new technologies and inventions.
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 and economic development agencies use this metric to benchmark and promote innovation-driven growth in local communities.
Q: Are there update delays or limitations?
A: The data is published with a lag as patents are processed and recorded by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Gladwin County, MI (PATENTCOUNTY26051), retrieved from FRED.