U.S. Granted Utility Patents Originating in Price County, WI
This dataset tracks u.s. granted utility patents originating in price county, wi over time.
Latest Value
4.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Price County, WI' series tracks the number of utility patents granted annually that originate from Price County, Wisconsin. This metric is a key indicator of regional innovation and technological advancement.
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 the invention of a new and useful process, machine, manufacture, or composition of matter. The number of utility patents originating in a specific county provides insight into the level of entrepreneurship, research activity, and technological leadership in that local economy.
Methodology
The data is collected and published annually by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies monitor this trend to assess the innovative capacity and competitiveness of regional markets.
Key Facts
- Price County, WI is home to over 15,000 residents.
- The county recorded 53 utility patents in 2021.
- Utility patents represent new and useful inventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual number of utility patents granted that originate from Price County, Wisconsin. Utility patents represent new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents in a region is a key indicator of innovation, entrepreneurship, and technological leadership in the local economy.
Q: How is this data collected or calculated?
A: The data is collected and published annually by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies monitor this trend to assess the innovative capacity and competitiveness of regional markets.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a 12-month delay in the most recent figures.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Price County, WI (PATENTCOUNTY55099), retrieved from FRED.