U.S. Granted Utility Patents Originating in Clearwater County, MN
PATENTCOUNTY27029 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Clearwater County, MN' measures the number of utility patents granted to inventors residing in Clearwater County, Minnesota. This metric provides insights 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 type of patent granted for the invention of a new and useful process, machine, manufacture, or composition of matter. This series tracks the number of such patents originating from Clearwater County, offering a proxy for innovation and technological activity in the region.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic analysts use this metric to evaluate regional innovation trends and competitiveness.
Key Facts
- Clearwater County, MN is home to approximately 15,000 residents.
- Patent grants have trended upward in Clearwater County over the past decade.
- The county's patent output accounts for less than 0.1% of total U.S. utility patents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors residing in Clearwater County, Minnesota. Utility patents cover new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into regional innovation and technological progress, which are important factors for economic development and competitiveness.
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: Policymakers and analysts use this metric to evaluate innovation trends and competitiveness within Clearwater County and compared to other regions.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the most recent data due to patent application and granting processes.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Clearwater County, MN (PATENTCOUNTY27029), retrieved from FRED.