U.S. Granted Utility Patents Originating in Rockwall County, TX
PATENTCOUNTY48397 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.00
Year-over-Year Change
83.33%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Rockwall County, TX' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Rockwall County, Texas. This metric is a key indicator of regional 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 protect the functional aspects of new inventions and innovations. Tracking patent activity at the county level provides insights into the geographic distribution of research, development, and commercialization across the United States.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Historical Context
Policymakers and economic development agencies use this metric to understand regional innovation ecosystems and target support for entrepreneurs and small businesses.
Key Facts
- Rockwall County, TX is home to over 100,000 residents.
- Patents indicate new technological developments in the region.
- The county has seen steady growth in utility patents over the past decade.
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 originate from Rockwall County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity at the county level provides insights into the geographic distribution of research, development, and commercialization, which is important for understanding regional innovation ecosystems.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to understand regional innovation ecosystems and target support for entrepreneurs and small businesses.
Q: Are there update delays or limitations?
A: The data is subject to the processing timelines of the U.S. Patent and Trademark Office, which may result in some delays in reporting.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Rockwall County, TX (PATENTCOUNTY48397), retrieved from FRED.