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

PATENTCOUNTY48153 • 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 Floyd County, TX' measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors located in Floyd County, Texas. This metric is a key indicator of local innovation and technological activity.

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 the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. The number of utility patents originating in a specific county provides insights into the local level of technological development, research, and entrepreneurship.

Methodology

The data is collected and tabulated by the U.S. Patent and Trademark Office.

Historical Context

Policymakers and economic development organizations use this metric to assess the innovative capacity and intellectual property generation within a given region.

Key Facts

  • Floyd County, TX is located in the South Plains region of Texas.
  • The number of utility patents originating in Floyd County has fluctuated over time.
  • Trends in local patenting activity can signal shifts in the economic and technological landscape.

FAQs

Q: What does this economic trend measure?

A: The 'U.S. Granted Utility Patents Originating in Floyd County, TX' measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors located in Floyd County, Texas.

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

A: This metric provides insights into the level of technological innovation and entrepreneurial activity within a specific geographic region, which is valuable information for policymakers, economic development organizations, and analysts.

Q: How is this data collected or calculated?

A: The data is collected and tabulated by the U.S. Patent and Trademark Office.

Q: How is this trend used in economic policy?

A: Policymakers and economic development organizations use this metric to assess the innovative capacity and intellectual property generation within a given region, which can inform economic development strategies and policies.

Q: Are there update delays or limitations?

A: There may be some delays in the availability of the most recent data, as patent application and granting processes can take time to be fully recorded and reported.

Similar PATENTCOUNTY Trends

Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Floyd County, TX (PATENTCOUNTY48153), retrieved from FRED.