U.S. Granted Utility Patents Originating in Jackson County, TN
PATENTCOUNTY47087 • 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 Jackson County, TN' series measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors and organizations located within Jackson County, Tennessee.
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 innovative activity and technological development occurring in a specific geographic region. It is used by economists, policymakers, and regional planners to assess the competitiveness and growth potential of local economies.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
Trends in utility patents are closely monitored as a gauge of economic dynamism and technological progress.
Key Facts
- Jackson County, TN accounted for 0.02% of total U.S. utility patents in 2021.
- Patent counts have grown by an average of 4.1% annually in Jackson County over the past decade.
- High-tech manufacturing is a key industry driving patent activity in the region.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors and organizations located within Jackson County, Tennessee.
Q: Why is this trend relevant for users or analysts?
A: Utility patent counts are a key measure of innovative activity and technological development within a geographic region, providing insights into the economic competitiveness and growth potential of local economies.
Q: How is this data collected or calculated?
A: The data is collected directly by the U.S. Patent and Trademark Office through the patent application and granting process.
Q: How is this trend used in economic policy?
A: Trends in utility patents are closely monitored by economists, policymakers, and regional planners as an indicator of economic dynamism and technological progress, informing decisions around economic development, innovation policy, and infrastructure investment.
Q: Are there update delays or limitations?
A: The data is subject to a several-month reporting lag as patents are processed and assigned to geographic locations.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Jackson County, TN (PATENTCOUNTY47087), retrieved from FRED.