U.S. Granted Utility Patents Originating in Caledonia County, VT
PATENTCOUNTY50005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Caledonia County, VT' tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors located in Caledonia County, Vermont. This data point is useful for analyzing regional innovation and economic development trends.
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 metric measures the volume of new utility patent grants for inventions created by residents of Caledonia County, Vermont. It provides insight into the innovative activity and technological progress occurring within this specific geographic region.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and examination process.
Historical Context
Policymakers and economists can use this trend to assess the local innovation ecosystem and inform economic development strategies.
Key Facts
- Caledonia County has seen a steady increase in utility patents over the past decade.
- Vermont ranks among the top states for per capita patent generation.
- Utility patents reflect advances in technology, engineering, and industrial design.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors located in Caledonia County, Vermont.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the innovative activity and technological progress occurring within the Caledonia County region, which is useful for analyzing regional economic development.
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 examination process.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this trend to assess the local innovation ecosystem and inform economic development strategies for the Caledonia County region.
Q: Are there update delays or limitations?
A: The data may be subject to delays in patent application processing and publication by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Caledonia County, VT (PATENTCOUNTY50005), retrieved from FRED.