U.S. Granted Utility Patents Originating in Cherokee County, TX

PATENTCOUNTY48073 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

-100.00%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Cherokee County, TX' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors residing in Cherokee 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 economic indicator provides insight into the level of innovative activity and technological development within 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 based on the residential address of patent applicants.

Historical Context

This metric is relevant for understanding regional economic performance and identifying areas of strategic investment.

Key Facts

  • Cherokee County, TX is home to 53,199 residents.
  • In 2021, 23 utility patents originated from Cherokee County.
  • The U.S. granted a total of 354,430 utility patents nationwide in 2021.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors residing in Cherokee County, Texas.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into the level of innovative activity and technological development within a specific geographic region, which is useful for assessing the competitiveness and growth potential of local economies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Patent and Trademark Office based on the residential address of patent applicants.

Q: How is this trend used in economic policy?

A: This metric is relevant for understanding regional economic performance and identifying areas of strategic investment for policymakers, economists, and regional planners.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture all patents originating from the region due to factors such as applicant residency changes.

Related Trends

Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Cherokee County, TX (PATENTCOUNTY48073), retrieved from FRED.