U.S. Granted Utility Patents Originating in Murray County, OK
PATENTCOUNTY40099 • 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 Murray County, OK' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Murray County, Oklahoma.
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
This economic indicator provides insight into the innovation and technological development occurring within a specific geographic region. Utility patents represent new, useful, and non-obvious inventions, so trends in patent grants can be used to assess a county's relative competitiveness and commercial potential.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
Policymakers and economic development agencies often monitor patent activity to guide investments and programs that support local entrepreneurship and R&D.
Key Facts
- Murray County is located in south-central Oklahoma.
- Patent grants indicate new inventions with commercial potential.
- Trends in patents can signal a region's competitiveness.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Murray County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: Trends in patent grants provide insights into the innovation and technological development occurring within a specific geographic region, which can inform economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies monitor patent activity to guide investments and programs that support local entrepreneurship and R&D.
Q: Are there update delays or limitations?
A: The data is subject to the typical delays associated with the patent application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Murray County, OK (PATENTCOUNTY40099), retrieved from FRED.