U.S. Granted Utility Patents Originating in Marshall County, WV

PATENTCOUNTY54051 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

-100.00%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Marshall County, WV' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Marshall County, West Virginia. This metric provides insights into the innovative activity and technological development in the region.

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 represent inventions that are new, useful, and non-obvious. The trend of patents originating in Marshall County, WV indicates the capacity for innovation and technological advancement in the local economy. Policymakers and economists analyze this data to evaluate the county's competitiveness and potential for future growth.

Methodology

The data is collected by the U.S. Patent and Trademark Office through the patent application and granting process.

Historical Context

This patent data is used to inform economic development policies and assess the county's competitiveness in attracting technology-driven industries.

Key Facts

  • Marshall County, WV is home to numerous technology and manufacturing companies.
  • Patent activity is a key indicator of entrepreneurship and R&D investment.
  • The U.S. granted over 300,000 utility patents in 2021.

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 Marshall County, West Virginia.

Q: Why is this trend relevant for users or analysts?

A: The patent data provides insights into the innovative capacity and technological development in the Marshall County economy, which is relevant for policymakers, investors, and economic analysts.

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: This patent data is used to inform economic development policies and assess Marshall County's competitiveness in attracting technology-driven industries.

Q: Are there update delays or limitations?

A: The patent data may have some delay in reporting due to the patent application and granting process.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Marshall County, WV (PATENTCOUNTY54051), retrieved from FRED.