U.S. Granted Utility Patents Originating in Mingo County, WV
PATENTCOUNTY54059 • 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 Mingo County, WV' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Mingo County, West Virginia.
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 series provides insight into the innovative and technological activity within Mingo County, a rural county in West Virginia. Utility patents represent inventions that meet specific legal criteria and can indicate the level of research, development, and entrepreneurship in a given region.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development organizations use this data to assess the innovative capacity and competitiveness of local communities.
Key Facts
- Mingo County is a rural county in southern West Virginia.
- The number of utility patents originating in Mingo County has fluctuated over time.
- Utility patents indicate technological advances and entrepreneurial activity.
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 originated from inventors located in Mingo County, West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the innovative and technological activity within Mingo County, which can be useful for policymakers and economic development organizations assessing the competitiveness and growth potential of the local economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this data to evaluate the innovative capacity and competitiveness of Mingo County, West Virginia, which can inform decisions about economic development initiatives and support for local businesses and entrepreneurs.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the U.S. Patent and Trademark Office, which may result in some delay between the granting of patents and the availability of the data.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Mingo County, WV (PATENTCOUNTY54059), retrieved from FRED.