U.S. Granted Utility Patents Originating in Butler County, MO
This dataset tracks u.s. granted utility patents originating in butler county, mo over time.
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted to inventors originating in Butler County, Missouri. It provides insight into the innovative activity and technology development occurring in this specific regional economy.
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
The U.S. Granted Utility Patents Originating in Butler County, MO series measures the total number of utility patents issued by the U.S. Patent and Trademark Office (USPTO) each year to inventors with a listed residence in Butler County, Missouri. This metric serves as an indicator of local technological innovation and entrepreneurship.
Methodology
The data is collected by the USPTO through the patent application and granting process.
Historical Context
Tracking patent trends helps economists and policymakers understand regional innovation and economic competitiveness.
Key Facts
- Butler County, MO is home to several major manufacturing and technology companies.
- Patent activity is considered a leading indicator of future economic growth.
- The U.S. is a global leader in utility patent filings and grants.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of utility patents granted each year to inventors residing in Butler County, Missouri by the U.S. Patent and Trademark Office.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity in a specific region provides insights into local innovation, technological development, and economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office's records of issued utility patents.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to evaluate regional innovation and inform decisions around economic development, investment, and support for technological entrepreneurship.
Q: Are there update delays or limitations?
A: There may be lags in reporting due to the patent application and issuance process, and the data is limited to utility patents originating from Butler County, Missouri.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Butler County, MO (PATENTCOUNTY29023), retrieved from FRED.