U.S. Granted Utility Patents Originating in Cass County, TX
PATENTCOUNTY48067 • 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 Cass County, TX' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have an inventor address located in Cass County, Texas. This metric serves as an indicator of technological innovation and R&D activity in the 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 patent granted for new and useful inventions, processes, machines, and compositions of matter. The count of utility patents originating in a particular county provides insight into the level of technological innovation and commercialization occurring in that local economy.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Tracking patent trends can inform economic development and technology policy decisions.
Key Facts
- Cass County, TX is a rural county in northeastern Texas.
- The county seat is Atlanta, TX with a population under 6,000.
- Utility patents measure new, non-obvious, and useful inventions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have an inventor address located in Cass County, Texas.
Q: Why is this trend relevant for users or analysts?
A: The count of utility patents originating in a particular county provides insight into the level of technological innovation and commercialization occurring in that local economy.
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: Tracking patent trends can inform economic development and technology policy decisions at the regional and local level.
Q: Are there update delays or limitations?
A: The data may have a lag of several months between the patent grant date and when it appears in the published statistics.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Cass County, TX (PATENTCOUNTY48067), retrieved from FRED.