U.S. Granted Utility Patents Originating in Hamilton County, OH
PATENTCOUNTY39061 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.00
Year-over-Year Change
0.75%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Hamilton County, OH' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Hamilton County, Ohio. This metric provides insight into the innovative and technological activity within a 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 represent the majority of all patents granted in the United States, and tracking the geographical distribution of these patents can indicate regional economic trends and competitiveness. The Hamilton County data offers a lens into the innovation ecosystem of this Ohio county.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic analysts use this metric to assess the innovation output and technological capabilities of local economies.
Key Facts
- Hamilton County is home to Cincinnati, Ohio.
- Utility patents account for the majority of all U.S. patents granted.
- Patent data offers insights into regional technological competitiveness.
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 originate from Hamilton County, Ohio.
Q: Why is this trend relevant for users or analysts?
A: Tracking the geographic distribution of utility patents provides insights into the innovation and technological capabilities of local economies, which is relevant for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the innovation output and technological competitiveness of regional economies, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: The data may have a delay in reporting due to the administrative process of patent approvals.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Hamilton County, OH (PATENTCOUNTY39061), retrieved from FRED.