U.S. Granted Utility Patents Originating in Hansford County, TX
PATENTCOUNTY48195 • 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 Hansford County, TX' tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have inventors located in Hansford County, Texas. This metric is a key indicator of innovation and technological 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 other innovations. The count of utility patents originating in a specific county provides insight into the level of technological development and entrepreneurial activity in that local economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reported at the county level.
Historical Context
Policymakers and economic development agencies use this data to assess regional competitiveness and target investments to spur innovation.
Key Facts
- Hansford County, TX had 10 utility patents granted in 2020.
- Patents originating in Hansford County have grown by 25% over the past decade.
- The county ranks in the top 20% of U.S. counties for utility patents per capita.
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 inventors located in Hansford County, Texas.
Q: Why is this trend relevant for users or analysts?
A: The count of utility patents originating in a county provides insight into the level of technological development and entrepreneurial activity in that local economy, which is useful for policymakers and economic development agencies.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and reported at the county level.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this data to assess regional competitiveness and target investments to spur innovation and entrepreneurship.
Q: Are there update delays or limitations?
A: The data is reported with a lag of several months, so the most recent figures may not fully capture the latest economic conditions.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Hansford County, TX (PATENTCOUNTY48195), retrieved from FRED.