U.S. Granted Utility Patents Originating in Perkins County, SD
PATENTCOUNTY46105 • 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 Perkins County, SD' metric tracks the number of utility patents granted for inventions originating from Perkins County, South Dakota. This measure provides insight into the innovative activity and technological development within this specific region.
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 intellectual property right granted for new, useful, and non-obvious inventions. The number of utility patents originating from Perkins County, SD can indicate the level of entrepreneurship, R&D, and technological progress in this area.
Methodology
The data is collected by the U.S. Patent and Trademark Office and tracks the county of origin for granted utility patents.
Historical Context
This metric is used by economists, policymakers, and businesses to assess regional innovation and the entrepreneurial climate.
Key Facts
- Perkins County, SD is a rural county in northwest South Dakota.
- The county has a population of around 3,000 people.
- Granted utility patents are a key indicator of technological activity.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted for inventions originating from Perkins County, South Dakota. Utility patents indicate new, useful, and non-obvious innovations.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents from a specific region provides insight into the level of entrepreneurship, R&D, and technological progress in that area, which is valuable information for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and tracks the county of origin for granted utility patents.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and businesses to assess regional innovation and the entrepreneurial climate, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data due to the time required for the patent application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Perkins County, SD (PATENTCOUNTY46105), retrieved from FRED.