U.S. Granted Utility Patents Originating in Houston County, TX
PATENTCOUNTY48225 • 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 Houston County, TX' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Houston 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
Utility patents are a type of patent granted for new and useful inventions, designs, or improvements. This metric provides insights into the innovative activity and technological development occurring within a specific county, which can be useful for regional economic analysis and policymaking.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This metric is often used by economic development agencies, researchers, and policymakers to assess a region's competitiveness and potential for growth in innovation-driven industries.
Key Facts
- Houston County, TX is home to over 23,000 people.
- In 2021, 125 utility patents were granted to inventors in Houston County.
- The top patenting technology areas in Houston County include oil and gas, aerospace, and medical devices.
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 were filed by inventors residing in Houston County, Texas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the innovative activity and technological development occurring within a specific county, which can be useful for regional economic analysis and policymaking.
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: This metric is often used by economic development agencies, researchers, and policymakers to assess a region's competitiveness and potential for growth in innovation-driven industries.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent innovation activity in Houston County.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Houston County, TX (PATENTCOUNTY48225), retrieved from FRED.