U.S. Granted Utility Patents Originating in Deaf Smith County, TX
PATENTCOUNTY48117 • 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 Deaf Smith County, TX' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated in Deaf Smith County, Texas. This metric provides insight into 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
The number of utility patents granted annually for inventions originating in a specific county is an indicator of that region's capacity for innovation. Economists and policymakers can use this data to assess the technological competitiveness and entrepreneurial activity of a local economy.
Methodology
The U.S. Patent and Trademark Office collects and publishes data on the geographic origin of granted utility patents.
Historical Context
This patent data helps inform regional economic development strategies and supports analysis of the factors driving innovation clusters.
Key Facts
- Deaf Smith County is a rural county in the Texas Panhandle.
- Patent grants indicate new inventions with commercial potential.
- Local patent activity can signal the presence of an innovation cluster.
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 originated in Deaf Smith County, Texas.
Q: Why is this trend relevant for users or analysts?
A: The number of patents granted in a region provides insight into local innovation and technological development, which are important factors for economic competitiveness and entrepreneurial activity.
Q: How is this data collected or calculated?
A: The U.S. Patent and Trademark Office collects and publishes data on the geographic origin of granted utility patents.
Q: How is this trend used in economic policy?
A: This patent data helps inform regional economic development strategies and supports analysis of the factors driving innovation clusters.
Q: Are there update delays or limitations?
A: The patent data may have a lag between the time of grant and publication, and it only captures utility patents, not other forms of intellectual property.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Deaf Smith County, TX (PATENTCOUNTY48117), retrieved from FRED.