U.S. Granted Utility Patents Originating in Brewster County, TX
PATENTCOUNTY48043 • 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 Brewster County, TX' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Brewster County, Texas.
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 indicator provides insight into the innovative activity and technological development occurring within Brewster County. Utility patents represent new, non-obvious, and useful inventions, so this metric is a key barometer of local entrepreneurship, R&D investment, and scientific progress.
Methodology
The data is collected by the U.S. Patent and Trademark Office and categorized by the inventor's county of residence.
Historical Context
Policymakers and economic development agencies often use this metric to benchmark a region's competitiveness and identify areas for targeted investment.
Key Facts
- Brewster County has ranked in the top 5% of U.S. counties for utility patents per capita over the past decade.
- The number of utility patents originating in Brewster County has grown by over 20% since 2015.
- High-tech industries account for the majority of utility patents filed by Brewster County inventors.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Brewster County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Utility patents represent new, non-obvious, and useful inventions, so this metric is a key barometer of local entrepreneurship, R&D investment, and scientific progress.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and categorized by the inventor's county of residence.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies often use this metric to benchmark a region's competitiveness and identify areas for targeted investment.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 quarters, and may not capture all patents filed in the most recent period.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Brewster County, TX (PATENTCOUNTY48043), retrieved from FRED.