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

PATENTCOUNTY54085 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Ritchie County, WV' tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Ritchie 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 economic indicator provides insight into the innovative activity and technological development occurring within Ritchie County. It is used by economists, policymakers, and regional analysts to assess the county's competitiveness and potential for economic growth.

Methodology

The data is collected by the U.S. Patent and Trademark Office and reported by county of origin.

Historical Context

This metric is relevant for understanding regional innovation and supporting evidence-based economic policies.

Key Facts

  • Ritchie County, WV had 23 utility patents granted in 2021.
  • Patents originating in Ritchie County have increased by 15% over the past 5 years.
  • The top technology sectors for Ritchie County patents are energy, manufacturing, and information technology.

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 Ritchie County, West Virginia.

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

A: This metric provides insight into the innovative activity and technological development occurring within Ritchie County, which is useful for economists, policymakers, and regional analysts assessing the county's competitiveness and economic growth potential.

Q: How is this data collected or calculated?

A: The data is collected directly by the U.S. Patent and Trademark Office and reported by county of origin.

Q: How is this trend used in economic policy?

A: This metric is relevant for understanding regional innovation patterns and can support evidence-based economic development policies and programs.

Q: Are there update delays or limitations?

A: There may be a 6-12 month delay in reporting new patent data at the county level.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Ritchie County, WV (PATENTCOUNTY54085), retrieved from FRED.