U.S. Granted Utility Patents Originating in Hayes County, NE
PATENTCOUNTY31085 • 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 Hayes County, NE' tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors located in Hayes County, Nebraska.
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 economic indicator provides insight into the level of innovative and technological activity occurring within a specific county. It is used by economists, policymakers, and market analysts to assess regional economic competitiveness and the development of new technologies.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and approval process.
Historical Context
Trends in patenting activity can inform policy decisions around research and development incentives, education, and infrastructure investment.
Key Facts
- Hayes County, NE is a rural county with a population under 1,000.
- Utility patents account for over 90% of all U.S. patents issued.
- Patent data is a leading indicator of technological advancement.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of utility patents originating from inventors located in Hayes County, Nebraska. Utility patents protect the functional aspects of new inventions.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides insights into regional innovation and technological development, which are key drivers of economic competitiveness and growth.
Q: How is this data collected or calculated?
A: The data is collected directly from patent application and approval records maintained by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Trends in patenting can inform policy decisions around research and development incentives, education, and infrastructure investment to support innovation.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of county-level patent data due to the patent application and approval process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Hayes County, NE (PATENTCOUNTY31085), retrieved from FRED.