U.S. Granted Utility Patents Originating in La Crosse County, WI
PATENTCOUNTY55063 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
-4.55%
Date Range
1/1/2000 - 1/1/2015
Summary
This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate in La Crosse County, Wisconsin. It provides insight into the innovative activity and technological development in this local economy.
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
The U.S. Granted Utility Patents Originating in La Crosse County, WI statistic measures the volume of new inventions and technological advancements stemming from this Midwestern county. This data is used by economic analysts and policymakers to assess the region's competitiveness and entrepreneurial climate.
Methodology
The U.S. Patent and Trademark Office collects administrative data on all utility patents granted within the United States.
Historical Context
This metric is valuable for understanding trends in local innovation, which can inform economic development strategies and investment decisions.
Key Facts
- La Crosse County is home to several major universities and research institutions.
- The region has seen a steady increase in utility patents over the past decade.
- Manufacturing and healthcare are key drivers of innovation in La Crosse County.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate in La Crosse County, Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the innovative activity and technological development in the La Crosse County economy, which is valuable for understanding regional competitiveness and entrepreneurial dynamics.
Q: How is this data collected or calculated?
A: The U.S. Patent and Trademark Office collects administrative data on all utility patents granted within the United States.
Q: How is this trend used in economic policy?
A: This metric can inform economic development strategies and investment decisions by providing insight into local innovation and entrepreneurship.
Q: Are there update delays or limitations?
A: There may be a several-month delay in the reporting of utility patents due to the administrative process, and the data is limited to the La Crosse County geographic area.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in La Crosse County, WI (PATENTCOUNTY55063), retrieved from FRED.