U.S. Granted Utility Patents Originating in Decatur County, TN
PATENTCOUNTY47039 • 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 Decatur County, TN' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Decatur County, Tennessee. This statistic is a key indicator of 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 a type of patent granted for new and useful inventions, machines, processes, or compositions of matter. The 'U.S. Granted Utility Patents Originating in Decatur County, TN' metric provides insight into the inventive activity and intellectual property generation occurring within this specific county.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Trends in utility patent grants are closely monitored by policymakers, economists, and business leaders as a signal of regional competitiveness and technological progress.
Key Facts
- Decatur County, TN is a rural county located in west-central Tennessee.
- Patent activity is considered a leading indicator of technological innovation.
- Utility patents account for the vast majority of all patents issued in the U.S.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Decatur County, TN' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Decatur County, Tennessee.
Q: Why is this trend relevant for users or analysts?
A: Trends in utility patent grants are closely monitored as a signal of regional competitiveness and technological progress, providing insight into the inventive activity and intellectual property generation occurring within Decatur County.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and business leaders use this metric to assess regional innovation and competitiveness, which can inform economic development strategies and investments.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the U.S. Patent and Trademark Office, which may result in some delay between the time a patent is granted and when it is reflected in the metric.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Decatur County, TN (PATENTCOUNTY47039), retrieved from FRED.