U.S. Granted Utility Patents Originating in Garfield County, NE
PATENTCOUNTY31071 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Garfield County, NE' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have origins in Garfield County, Nebraska. This data provides insights into innovation and technological development in this specific county.
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 represents the total count of utility patents granted to inventors or entities located in Garfield County, Nebraska. Utility patents cover new and useful inventions, and are a key indicator of regional innovation activity and economic competitiveness.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies use this metric to assess the innovative capacity and technological prowess of specific geographic areas.
Key Facts
- Garfield County, NE is home to over 2,000 residents.
- The county averages 12 utility patents per year.
- Patent activity peaked in 2018 with 18 granted patents.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have origins in Garfield County, Nebraska.
Q: Why is this trend relevant for users or analysts?
A: Utility patents are a key indicator of regional innovation and technological development, making this data relevant for policymakers, economic development agencies, and analysts studying local economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to assess the innovative capacity and technological prowess of Garfield County, Nebraska, which informs regional economic policies and initiatives.
Q: Are there update delays or limitations?
A: There may be some delay in reporting new patent data, as the process from application to grant can take over a year in some cases.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Garfield County, NE (PATENTCOUNTY31071), retrieved from FRED.