U.S. Granted Utility Patents Originating in Racine County, WI
PATENTCOUNTY55101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.00
Year-over-Year Change
1.04%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Racine County, WI' trend measures the number of utility patents granted to inventors and organizations located in Racine County, Wisconsin. This metric provides insight into the innovative activity and technological development 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, as opposed to design or plant patents. This series tracks the annual count of utility patents originating from Racine County, Wisconsin, which can indicate the region's capacity for innovation and technological advancement.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies use this metric to evaluate the innovation ecosystem and competitiveness of Racine County relative to other regions.
Key Facts
- Racine County is home to major manufacturing companies.
- Patent counts indicate the region's capacity for invention.
- Utility patents cover new, useful, and non-obvious inventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors and organizations located in Racine County, Wisconsin. Utility patents cover new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: The patent count in a region indicates its capacity for innovation and technological development, which is important for economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to evaluate the innovation ecosystem and competitiveness of Racine County relative to other regions.
Q: Are there update delays or limitations?
A: There may be delays in reporting new patent grants, and the data is limited to utility patents originating in Racine County.
Similar PATENTCOUNTY Trends
U.S. Granted Utility Patents Originating in Jackson, MI (MSA)
PATENTCBSA127100
U.S. Granted Patents: Plant Patents Originating in North Korea
PATENT4NKPPLANT
U.S. Granted Patents: Plant Patents Originating in South Carolina
PATENTUSSCPLANT
U.S. Granted Utility Patents Originating in Indian River County, FL
PATENTCOUNTY12061
U.S. Granted Utility Patents Originating in Carver County, MN
PATENTCOUNTY27019
U.S. Granted Utility Patents Originating in Lewis County, NY
PATENTCOUNTY36049
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Racine County, WI (PATENTCOUNTY55101), retrieved from FRED.