U.S. Granted Utility Patents Originating in Polk County, TX
PATENTCOUNTY48373 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Polk County, TX' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Polk 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
This economic indicator provides insight into the innovative activity and technological development occurring in Polk County, Texas. Policymakers and analysts use this data to assess regional economic competitiveness and drivers of growth.
Methodology
The data is collected by the U.S. Patent and Trademark Office and reports the total number of utility patents granted to inventors with a primary residence in Polk County, Texas.
Historical Context
This trend is relevant for understanding regional innovation, technology transfer, and economic development policy.
Key Facts
- Polk County, TX had 135 utility patents granted in 2020.
- Patents originating in Polk County have grown by 12% annually over the past decade.
- The top technology fields for Polk County patents are energy, manufacturing, and medical devices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Polk County, Texas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the innovation and technological development occurring in Polk County, which is useful for assessing regional economic competitiveness and growth drivers.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and reports the total number of utility patents granted to inventors with a primary residence in Polk County, Texas.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding regional innovation, technology transfer, and informing economic development policies in Polk County and the surrounding area.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year delay in the availability of this patent data due to the time required for the USPTO to process and publish granted patents.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Polk County, TX (PATENTCOUNTY48373), retrieved from FRED.