U.S. Granted Utility Patents Originating in Grant County, ND
PATENTCOUNTY38037 • 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 Grant County, ND' measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors based in Grant County, North Dakota. This metric provides insight into the innovative activity and technological development in this specific geographic region.
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 the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. The number of utility patents originating in a particular county can indicate the level of innovative activity and technological progress in that local economy.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development analysts use this metric to evaluate the innovative capacity and competitiveness of regional economies.
Key Facts
- Grant County, ND is home to approximately 2,400 residents.
- In 2021, 12 utility patents originated from Grant County.
- The U.S. granted a total of 327,528 utility patents in 2021.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Grant County, ND' measures the number of utility patents granted by the U.S. Patent and Trademark Office that were invented by individuals based in Grant County, North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of innovative activity and technological development within the Grant County, ND economy, which is useful for policymakers and economic development analysts.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development analysts use this metric to evaluate the innovative capacity and competitiveness of the Grant County, ND regional economy.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the U.S. Patent and Trademark Office, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Grant County, ND (PATENTCOUNTY38037), retrieved from FRED.