U.S. Granted Utility Patents Originating in Greene County, OH
PATENTCOUNTY39057 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.00
Year-over-Year Change
-25.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Greene County, OH' trend measures the total number of utility patents granted by the U.S. Patent and Trademark Office that originate from Greene County, Ohio. This provides insight into regional 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 technological innovation and economic development within a geographic region. The Greene County patent trend can help identify leading industries, R&D investment, and entrepreneurial dynamism in the local economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and represents the total count of utility patents granted to inventors with a listed address in Greene County, Ohio.
Historical Context
Policymakers and economic development agencies often use patent data to benchmark regional innovation and guide investment strategies.
Key Facts
- Greene County, OH is home to several major research universities.
- Patent activity is a leading indicator of technological progress.
- Patents can drive economic growth and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of utility patents granted by the U.S. Patent and Trademark Office that originate from Greene County, Ohio.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides insight into regional innovation and technological progress, which are key drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and represents the total count of utility patents granted to inventors with a listed address in Greene County, Ohio.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use patent data to benchmark regional innovation and guide investment strategies to support technological progress and entrepreneurship.
Q: Are there update delays or limitations?
A: There may be a delay of several months between when patents are granted and when the data is published and made available.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Greene County, OH (PATENTCOUNTY39057), retrieved from FRED.