U.S. Granted Utility Patents Originating in St. Charles County, MO
PATENTCOUNTY29183 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
181.00
Year-over-Year Change
158.57%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in St. Charles County, MO' tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors located in St. Charles County, Missouri. This metric provides insight into the local innovation and technological development 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
This data series measures the volume of successful patent applications originating from inventors and companies based in St. Charles County, Missouri. Patent counts serve as a proxy for research, development, and innovation activity within a geographic area, making this a useful indicator for analysts and policymakers studying the economic competitiveness of the region.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office based on the listed inventor location on granted utility patent applications.
Historical Context
Patent data is widely used by economists and government agencies to evaluate the innovative capacity and technological specialization of local and regional economies.
Key Facts
- St. Charles County is a major technology hub in Missouri.
- Patent counts have grown steadily in the county over the past decade.
- High-tech industries like aerospace and biotech are driving innovation.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in St. Charles County, Missouri.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides valuable insights into the innovative capacity and technological specialization of a regional economy, making this metric useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office based on the listed inventor location on granted utility patent applications.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies often use patent data to evaluate the competitiveness and growth potential of local and regional economies, informing decisions around investment, infrastructure, and support for innovation.
Q: Are there update delays or limitations?
A: There may be a several-month delay in the reporting of patent data as the USPTO processes and publishes new grants.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in St. Charles County, MO (PATENTCOUNTY29183), retrieved from FRED.