U.S. Granted Utility Patents Originating in Susquehanna County, PA
PATENTCOUNTY42115 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-44.44%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Susquehanna County, PA' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors located in Susquehanna County, Pennsylvania.
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 level of innovative activity and technological development within a specific geographic region. It is used by policymakers, economists, and business analysts to assess the competitiveness and growth potential of local economies.
Methodology
The data is collected and tabulated by the U.S. Patent and Trademark Office based on the listed location of inventors on granted utility patent applications.
Historical Context
This metric can inform regional economic development strategies and investment decisions.
Key Facts
- Susquehanna County is located in northeastern Pennsylvania.
- Utility patents protect new and useful inventions.
- The data is reported on a monthly basis.
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 were filed by inventors located in Susquehanna County, Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of innovative activity and technological development within Susquehanna County, which can inform regional economic strategies and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and tabulated by the U.S. Patent and Trademark Office based on the listed location of inventors on granted utility patent applications.
Q: How is this trend used in economic policy?
A: This metric can be used by policymakers, economists, and business analysts to assess the competitiveness and growth potential of the local economy in Susquehanna County.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be some delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Susquehanna County, PA (PATENTCOUNTY42115), retrieved from FRED.