U.S. Granted Utility Patents Originating in Murray County, MN
PATENTCOUNTY27101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Murray County, MN' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Murray County, Minnesota. This metric provides insight into the innovative activity in the region.
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 new and useful inventions. The 'U.S. Granted Utility Patents Originating in Murray County, MN' series monitors the volume of these patents originating from inventors based in Murray County, a rural county in southwestern Minnesota. Economists and policymakers may use this data to assess the innovative capacity and technological progress of the local economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and tabulated by county of origin.
Historical Context
Trends in utility patent grants can signal the commercial viability of new technologies and inform economic development initiatives.
Key Facts
- Murray County is a rural county in southwestern Minnesota.
- Utility patents cover new and useful inventions, devices, or processes.
- Patent data can indicate the technological progress of a local economy.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Murray County, MN' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Murray County, Minnesota.
Q: Why is this trend relevant for users or analysts?
A: Trends in utility patent grants can provide insight into the innovative capacity and technological progress of the local economy in Murray County, Minnesota.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and tabulated by county of origin.
Q: How is this trend used in economic policy?
A: Policymakers and economic development officials may use this data to assess the commercial viability of new technologies and inform regional innovation initiatives.
Q: Are there update delays or limitations?
A: The data may be subject to update lags due to the time required for patent applications to be processed and tabulated by county.
Similar PATENTCOUNTY Trends
U.S. Granted Utility Patents Originating in Kandiyohi County, MN
PATENTCOUNTY27067
U.S. Granted Utility Patents Originating in Polk County, NE
PATENTCOUNTY31143
U.S. Granted Patents: Design Patents Originating in Isle of Man
PATENT4NIMDESIGN
U.S. Granted Utility Patents Originating in Denali County, AK
PATENTCOUNTY02068
U.S. Granted Patents: Total Patents Originating in India
PATENT4NINTOTAL
U.S. Granted Patents: Plant Patents Originating in Pakistan
PATENT4NPKPLANT
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Murray County, MN (PATENTCOUNTY27101), retrieved from FRED.