U.S. Granted Utility Patents Originating in Pondera County, MT
PATENTCOUNTY30073 • 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 Pondera County, MT' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that have inventors residing in Pondera County, Montana.
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 indicator provides insight into the innovative and entrepreneurial activity within Pondera County, Montana. Tracking patent grants helps economists and policymakers understand regional trends in technological development, commercialization, and the local knowledge economy.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Patent data is widely used by economists to analyze innovation, productivity, and competitiveness at the local, regional, and national levels.
Key Facts
- Pondera County, MT is a rural county in northern Montana.
- Utility patents protect new and useful inventions and innovations.
- Patent data provides a quantifiable metric of regional R&D and commercialization.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of utility patents issued by the U.S. Patent and Trademark Office that list inventors residing in Pondera County, Montana.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides valuable insights into regional innovation, entrepreneurship, and technological development, which are key drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use patent data to analyze innovation ecosystems, inform regional economic development strategies, and benchmark technological competitiveness.
Q: Are there update delays or limitations?
A: The patent data is subject to processing and reporting lags by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Pondera County, MT (PATENTCOUNTY30073), retrieved from FRED.