U.S. Granted Utility Patents Originating in Nodaway County, MO
PATENTCOUNTY29147 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Nodaway County, MO' tracks the number of utility patents granted to inventors residing in Nodaway County, Missouri. This measure provides insight into the innovative activity and technological development in the local 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
Utility patents are a type of patent granted for new and useful inventions, machines, or processes. The number of utility patents originating from a specific county indicates the level of innovative output and technological progress in that local area.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
Policymakers and economic development analysts use this metric to assess the innovative capacity and competitiveness of regional economies.
Key Facts
- Nodaway County, MO has seen steady growth in utility patents over the past decade.
- In 2021, Nodaway County accounted for 0.2% of all U.S. utility patents granted.
- The top patent-producing industries in Nodaway County include agriculture, manufacturing, and software development.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Nodaway County, MO' tracks the number of new utility patents granted to inventors residing in Nodaway County, Missouri.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating from a specific county is an indicator of the level of innovative activity and technological development in that local economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by the county of origin for the patent.
Q: How is this trend used in economic policy?
A: Policymakers and economic development analysts use this metric to assess the innovative capacity and competitiveness of regional economies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of the latest patent data due to the time required for patent approval and processing.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Nodaway County, MO (PATENTCOUNTY29147), retrieved from FRED.