U.S. Granted Utility Patents Originating in Cotton County, OK
PATENTCOUNTY40033 • 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 Cotton County, OK' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Cotton County, Oklahoma. This provides insight into the innovative activity and technological development in a specific 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
Utility patents are a key metric of technological innovation, as they represent new, useful, and non-obvious inventions. Tracking patent counts at the county level offers granular data on the geographic distribution of innovation within the United States.
Methodology
The data is collected directly from U.S. patent records.
Historical Context
Patent counts are used by economists and policymakers to assess regional innovation capacities and guide economic development strategies.
Key Facts
- Cotton County, OK averages 25 utility patents per year.
- Patents from Cotton County make up 0.02% of total U.S. utility patents.
- The patent count in Cotton County has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Cotton County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: Patent counts are a key indicator of technological innovation and development at the local level, which is important for understanding regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. patent records.
Q: How is this trend used in economic policy?
A: Patent counts are used by economists and policymakers to assess regional innovation capacities and guide economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the administrative process of granting patents, and the data only covers utility patents originating from Cotton County.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Cotton County, OK (PATENTCOUNTY40033), retrieved from FRED.