U.S. Granted Utility Patents Originating in an Undetermined County in North Carolina
PATENTCOUNTY37000 • 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 an Undetermined County in North Carolina' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed from an unknown location within North Carolina.
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 metric provides insight into innovative activity and technological development occurring in North Carolina, though the precise geographic origin within the state is unclear. It is used by economists and policymakers to analyze regional innovation trends and patterns.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
This patent trend can inform state and local economic development initiatives aimed at fostering innovation and entrepreneurship.
Key Facts
- North Carolina is a top-10 state for U.S. utility patents granted.
- Patents are a key indicator of innovative capacity and technological progress.
- The 'undetermined county' data captures some unattributed innovative activity in the state.
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 were filed from an unspecified location within North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Patents are an important indicator of innovative activity and technological development, so this metric provides insight into the innovation capacity of North Carolina, even if the precise geographic origin is unclear.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office's patent application and granting process.
Q: How is this trend used in economic policy?
A: This patent trend can inform state and local economic development initiatives aimed at fostering innovation and entrepreneurship across North Carolina.
Q: Are there update delays or limitations?
A: The data may have lags due to the patent application and granting process, and the 'undetermined county' nature of the metric limits its geographic precision.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in an Undetermined County in North Carolina (PATENTCOUNTY37000), retrieved from FRED.