U.S. Granted Utility Patents Originating in Yellow Medicine County, MN

PATENTCOUNTY27173 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Yellow Medicine County, MN' series tracks the total number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Yellow Medicine County, Minnesota.

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

This economic indicator provides insight into the innovative activity and technological development occurring within a specific local region. It is used by economists, policymakers, and regional analysts to assess a county's competitiveness and potential for future economic growth.

Methodology

The data is collected directly from U.S. patent records by the U.S. Census Bureau.

Historical Context

Trends in granted patents are closely monitored as a key indicator of regional economic performance and technological advancement.

Key Facts

  • Yellow Medicine County is located in southwest Minnesota.
  • Patents are a key driver of technological progress and economic growth.
  • The county's patent activity is used to benchmark its innovative capacity.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Yellow Medicine County, Minnesota.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides valuable insights into the innovative activity and technological development occurring within a specific local region, which is used to assess the county's competitiveness and potential for future economic growth.

Q: How is this data collected or calculated?

A: The data is collected directly from U.S. patent records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Trends in granted patents are closely monitored by economists, policymakers, and regional analysts as a key indicator of a region's economic performance and technological advancement, which informs policy decisions.

Q: Are there update delays or limitations?

A: The data is published with a lag, as it requires processing patent records from the U.S. Patent and Trademark Office.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Yellow Medicine County, MN (PATENTCOUNTY27173), retrieved from FRED.