U.S. Granted Utility Patents Originating in Robeson County, NC
PATENTCOUNTY37155 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Robeson County, NC' trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Robeson County, North Carolina. This metric provides insight into the innovative capacity and technological development of the local economy.
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
The 'U.S. Granted Utility Patents Originating in Robeson County, NC' series measures the volume of utility patents granted to inventors in Robeson County, North Carolina. Utility patents protect new and useful inventions, making this data a key indicator of technological innovation and economic dynamism within the county.
Methodology
The data is collected by the U.S. Patent and Trademark Office and tracks the geographic origin of granted utility patents.
Historical Context
Patent data is widely used by economists and policymakers to assess regional innovation and competitiveness.
Key Facts
- Robeson County is located in southeastern North Carolina.
- Utility patents protect new and useful inventions, processes, or improvements.
- Patent data is a leading indicator of technological progress and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Robeson County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides valuable insights into the innovative capacity and technological development of a local economy, making it a key indicator used by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office, which tracks the geographic origin of granted utility patents.
Q: How is this trend used in economic policy?
A: Patent data is widely used by economists and policymakers to assess regional innovation, technological competitiveness, and economic dynamism.
Q: Are there update delays or limitations?
A: There may be a lag between when patents are granted and when the data is published, and the data is limited to utility patents originating in Robeson County, North Carolina.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Robeson County, NC (PATENTCOUNTY37155), retrieved from FRED.