U.S. Granted Utility Patents Originating in Bertie County, NC

PATENTCOUNTY37015 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

-100.00%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Bertie County, NC' trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Bertie County, North Carolina. This metric provides insight into the region's innovation and technological activity.

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

Utility patents are a key indicator of innovative capacity and technological progress in a given region. The 'U.S. Granted Utility Patents Originating in Bertie County, NC' series measures the output of new and useful inventions from Bertie County, North Carolina, which can inform economic development strategies and technology policy.

Methodology

The data is collected and reported by the U.S. Patent and Trademark Office.

Historical Context

Policymakers and economic development agencies often use patent data to assess a region's competitiveness and potential for growth.

Key Facts

  • Bertie County is a rural county in northeastern North Carolina.
  • Utility patents cover new and useful inventions, excluding designs and plant patents.
  • Patent activity is a leading indicator of technological progress and competitiveness.

FAQs

Q: What does this economic trend measure?

A: The 'U.S. Granted Utility Patents Originating in Bertie County, NC' trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Bertie County, North Carolina.

Q: Why is this trend relevant for users or analysts?

A: Patent data provides insight into a region's innovative capacity and technological progress, which is important for economic development, technology policy, and assessing 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 economic development agencies often use patent data to evaluate a region's innovation and technological activity, which can inform strategies for fostering growth and competitiveness.

Q: Are there update delays or limitations?

A: There may be delays in reporting patent data due to the time required for application processing and issuance by the U.S. Patent and Trademark Office.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Bertie County, NC (PATENTCOUNTY37015), retrieved from FRED.