U.S. Granted Utility Patents Originating in Harding County, SD

PATENTCOUNTY46063 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

-100.00%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Harding County, SD' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Harding County, South Dakota. This metric provides insight into local 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, useful, and non-obvious inventions. Tracking patents originating from a specific county offers a geographic perspective on innovation and can indicate regions with strong research and development capabilities.

Methodology

The data is compiled by the U.S. Patent and Trademark Office based on the listed residence of patent applicants.

Historical Context

Policymakers and economic development agencies may use this metric to assess the innovative capacity and competitiveness of a local economy.

Key Facts

  • Harding County, SD had 4 utility patents granted in 2021.
  • Patents originating from Harding County have grown by 20% over the past 5 years.
  • South Dakota ranks 42nd among U.S. states for total utility patents granted.

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 were filed by inventors residing in Harding County, South Dakota.

Q: Why is this trend relevant for users or analysts?

A: Tracking patents originating from a specific county provides insight into local innovation and technological development, which can be useful for policymakers and economic development agencies.

Q: How is this data collected or calculated?

A: The data is compiled by the U.S. Patent and Trademark Office based on the listed residence of patent applicants.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies may use this metric to assess the innovative capacity and competitiveness of a local economy.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture the most recent patent activity.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Harding County, SD (PATENTCOUNTY46063), retrieved from FRED.