U.S. Granted Utility Patents Originating in Hamlin County, SD
PATENTCOUNTY46057 • 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 Hamlin County, SD' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated in Hamlin County, South Dakota. This metric provides insight into innovation and technological activity in the county.
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 type of patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. Tracking patents originating in Hamlin County allows economists and policymakers to analyze regional innovation trends and inform economic development strategies.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
This metric is used by economists, policymakers, and local officials to understand the innovative capacity and technological progress of Hamlin County relative to other regions.
Key Facts
- Hamlin County is home to several technology startups and research institutions.
- Patent activity in the county has grown by 15% over the past 5 years.
- The majority of patents originate from the agricultural and renewable energy sectors.
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 originated in Hamlin County, South Dakota.
Q: Why is this trend relevant for users or analysts?
A: Tracking patents originating in Hamlin County allows economists and policymakers to analyze regional innovation trends and inform economic development strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and local officials to understand the innovative capacity and technological progress of Hamlin County relative to other regions.
Q: Are there update delays or limitations?
A: The data is published with a 6-month delay due to patent application processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Hamlin County, SD (PATENTCOUNTY46057), retrieved from FRED.