U.S. Granted Utility Patents Originating in Lampasas County, TX
PATENTCOUNTY48281 • 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 Lampasas County, TX' trend measures the number of utility patents granted to inventors residing in Lampasas County, Texas. This metric provides insight into the region's innovative activity and technological progress.
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 intellectual property protection granted to new and useful inventions. Tracking patent activity at the county level can help identify regional hubs of innovation and entrepreneurship, which is valuable information for policymakers and economic development efforts.
Methodology
The data is collected by the U.S. Patent and Trademark Office and made available through the Federal Reserve Economic Data (FRED) platform.
Historical Context
Policymakers often use patent data to assess the competitiveness and technological capabilities of local economies.
Key Facts
- Lampasas County, TX is home to fewer than 20,000 residents.
- The county's patent activity has fluctuated significantly over the past decade.
- High patent counts can indicate the presence of technology-driven industries in a region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors residing in Lampasas County, Texas. Utility patents protect new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: Patent activity at the county level provides insights into regional innovation and technological capabilities, which is valuable information for policymakers and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and made available through the Federal Reserve Economic Data (FRED) platform.
Q: How is this trend used in economic policy?
A: Policymakers often use patent data to assess the competitiveness and technological capabilities of local economies, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags from the patent office, but provides a reliable measure of innovative activity in Lampasas County, Texas.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Lampasas County, TX (PATENTCOUNTY48281), retrieved from FRED.