U.S. Granted Utility Patents Originating in Chisago County, MN
PATENTCOUNTY27025 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.00
Year-over-Year Change
200.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Chisago County, MN' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Chisago County, Minnesota. This data provides insights into the region's 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
Utility patents are a key indicator of technological innovation, as they represent new and useful inventions or improvements. Analyzing patent data by county can shed light on regional innovation trends and the geographic distribution of inventive activity.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development organizations use this data to assess the innovation capacity and competitiveness of local and regional economies.
Key Facts
- Chisago County, MN is located in east-central Minnesota.
- Patent data is a leading indicator of technological advancement.
- Patents contribute to economic growth and competitiveness.
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 Chisago County, Minnesota.
Q: Why is this trend relevant for users or analysts?
A: Patent data is a key indicator of regional innovation and technological development, which are important factors for economic competitiveness and growth.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this data to assess the innovation capacity and competitiveness of the Chisago County economy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological practices of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Chisago County, MN (PATENTCOUNTY27025), retrieved from FRED.