U.S. Granted Utility Patents Originating in Cameron County, PA
PATENTCOUNTY42023 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Cameron County, PA' trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated in Cameron County, Pennsylvania. This measure provides insight into regional innovation and technological development.
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 granted for new and useful inventions, processes, or improvements. The number of utility patents originating in a specific county is an indicator of local innovative capacity and technology-driven economic activity. Policymakers and analysts use this data to understand regional innovation patterns and guide investment or economic development strategies.
Methodology
The data is collected directly from U.S. Patent and Trademark Office records.
Historical Context
This trend is relevant for understanding regional competitiveness and informing innovation-focused economic policies.
Key Facts
- Cameron County, PA is a rural county in north-central Pennsylvania.
- Utility patents measure new and useful technological advances.
- Innovation metrics can guide policies to support regional competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated in Cameron County, Pennsylvania. Utility patents measure new and useful inventions, processes, or improvements.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating in a specific county is an indicator of local innovative capacity and technology-driven economic activity. This data helps policymakers and analysts understand regional innovation patterns and guide investment or economic development strategies.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. Patent and Trademark Office records.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding regional competitiveness and informing innovation-focused economic policies aimed at supporting local technological development and economic growth.
Q: Are there update delays or limitations?
A: The data is published with a slight delay as it relies on official patent records from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Cameron County, PA (PATENTCOUNTY42023), retrieved from FRED.