U.S. Granted Utility Patents Originating in Stephens County, TX
PATENTCOUNTY48429 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Stephens County, TX' trend measures the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Stephens County, Texas. This metric is an important 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
This economic indicator tracks the volume of successful patent applications by inventors in Stephens County, Texas. Patent counts are a proxy for innovation and R&D investment in a local area, reflecting scientific and technical progress. Policymakers and economic development analysts monitor this data to assess a region's competitiveness and growth potential.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and issuance processes.
Historical Context
Trends in patenting activity are closely watched by policymakers, investors, and business leaders as a barometer of technological dynamism and economic vitality.
Key Facts
- Stephens County, TX is home to over 9,000 residents.
- In 2021, 27 utility patents were issued to Stephens County inventors.
- Patent grants have grown by 15% in Stephens County over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Stephens County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Patent counts are an important indicator of regional innovation and technological activity, reflecting scientific and technical progress in a local area.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and issuance processes.
Q: How is this trend used in economic policy?
A: Trends in patenting activity are closely watched by policymakers, investors, and business leaders as a barometer of technological dynamism and economic vitality in a region.
Q: Are there update delays or limitations?
A: The data is published with a short lag time, reflecting the patent application and approval process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Stephens County, TX (PATENTCOUNTY48429), retrieved from FRED.