U.S. Granted Utility Patents Originating in Vance County, NC
This dataset tracks u.s. granted utility patents originating in vance county, nc over time.
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 Vance County, NC' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors based in Vance County, 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
Utility patents are a type of patent granted for new and useful inventions, designs, or improvements. This metric provides insight into the innovation and technological activity occurring within Vance County, an important data point for assessing regional economic competitiveness and growth.
Methodology
The data is collected directly from U.S. Patent and Trademark Office records.
Historical Context
Patent activity is closely monitored by policymakers, economists, and businesses to gauge a region's technological capabilities and potential for future economic development.
Key Facts
- Vance County is located in northern North Carolina.
- Patents are a key metric of a region's technological and innovative capacity.
- The U.S. granted over 300,000 utility patents in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors based in Vance County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is an important indicator of a region's technological and innovative capabilities, which is crucial for assessing economic competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. Patent and Trademark Office records.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses closely monitor patent activity to gauge a region's technological capabilities and potential for future economic development.
Q: Are there update delays or limitations?
A: The data is subject to the timely reporting and processing of patent applications by the U.S. Patent and Trademark Office.
Related News
US Stock Markets Decline Amid Labor Market Concerns, Cooling AI Frenzy
US Stock Market Declines Amid AI Frenzy and Labor Market Concerns The US stock market has recently experienced notable declines, with major indices such as the Dow Jones, S&P 500, and Nasdaq experiencing significant losses. This turmoil can be partly attributed to the AI frenzy, a period of intense excitement around advancements in artificial intelligence, which initially propelled tech stocks to new heights. However, as the fervor surrounding AI growth began to cool, the markets experienced a
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
Similar PATENTCOUNTY Trends
U.S. Granted Utility Patents Originating in Abbeville County, SC
PATENTCOUNTY45001
U.S. Granted Utility Patents Originating in Adair County, KY
PATENTCOUNTY21001
U.S. Granted Utility Patents Originating in Adair County, MO
PATENTCOUNTY29001
U.S. Granted Utility Patents Originating in Adams County, CO
PATENTCOUNTY08001
U.S. Granted Utility Patents Originating in Aguadilla Municipio, PR
PATENTCOUNTY72005
U.S. Granted Utility Patents Originating in Aguas Buenas Municipio, PR
PATENTCOUNTY72007
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Vance County, NC (PATENTCOUNTY37181), retrieved from FRED.