U.S. Granted Utility Patents Originating in Marquette County, WI
PATENTCOUNTY55077 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Marquette County, WI' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Marquette County, Wisconsin. This data is an important indicator of innovation and economic activity 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 are a type of patent granted for new and useful inventions, processes, or machines. Tracking the number of utility patents originating from a specific county provides insight into the level of innovation and technological development within that local economy.
Methodology
The data is collected by the U.S. Patent and Trademark Office and categorized by the county of origin for each granted utility patent.
Historical Context
This metric is closely monitored by policymakers, economists, and business leaders to assess the competitiveness and growth potential of regional economies.
Key Facts
- Marquette County, WI had 15 utility patents granted in 2021.
- Patent activity has increased by 20% in Marquette County over the past 5 years.
- The top technology sectors for Marquette County patents are manufacturing and software.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Marquette County, WI' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Marquette County, Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Tracking utility patents by county provides valuable insight into the level of innovation and technological development within a regional economy, which is closely monitored by policymakers, economists, and business leaders.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and categorized by the county of origin for each granted utility patent.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and business leaders to assess the competitiveness and growth potential of regional economies, as it serves as an indicator of innovation and technological development.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the reporting of granted utility patents, as the data is collected and categorized by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Marquette County, WI (PATENTCOUNTY55077), retrieved from FRED.