U.S. Granted Utility Patents Originating in Webb County, TX
PATENTCOUNTY48479 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Webb County, TX' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Webb 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, processes, or improvements on existing technologies. This series provides insight into the innovative activity and technological development occurring within Webb County, an important indicator of regional economic competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the listed residence of inventors on granted utility patent applications.
Historical Context
Policymakers and economic development agencies can use this data to assess the innovation ecosystem and target initiatives to support technology-driven growth.
Key Facts
- Webb County is located in South Texas along the Mexico border.
- Patents are a key indicator of technological innovation and competitiveness.
- Utility patents account for the majority of all patents granted in the U.S.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Webb County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Utility patents are a key indicator of technological innovation and regional economic competitiveness, providing insights into the innovation ecosystem of Webb County.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the listed residence of inventors on granted utility patent applications.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this data to assess the innovation capacity of Webb County and target initiatives to support technology-driven growth.
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 occasional delays in reporting.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Webb County, TX (PATENTCOUNTY48479), retrieved from FRED.