U.S. Granted Utility Patents Originating in Taylor County, WI
PATENTCOUNTY55119 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Taylor County, WI' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors located in Taylor County, Wisconsin.
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, article of manufacture, or composition of matter. This data provides insight into regional innovation and technological development in Taylor County.
Methodology
The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) database.
Historical Context
Patent data is widely used by economists, policymakers, and researchers to analyze innovation trends and technological progress.
Key Facts
- Taylor County, WI is located in northern Wisconsin.
- Utility patents account for the majority of all U.S. patents granted.
- Patent data is a key indicator of technological advancement and economic competitiveness.
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 to inventors located in Taylor County, Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides insight into regional innovation and technological development, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and published through the Federal Reserve Economic Data (FRED) database.
Q: How is this trend used in economic policy?
A: Patent data is widely used by economists, policymakers, and researchers to analyze innovation trends and technological progress, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in the availability of the most recent patent data due to the administrative process of granting patents.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Taylor County, WI (PATENTCOUNTY55119), retrieved from FRED.