U.S. Granted Utility Patents Originating in Johnson County, WY
PATENTCOUNTY56019 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Johnson County, WY' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors based in Johnson County, Wyoming.
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
This economic indicator provides insight into innovation and technological development in a specific county. Tracking patent activity is useful for understanding local entrepreneurship, research and development, and industrial competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office and tabulated by county of origin.
Historical Context
Patent data is widely used by policymakers, economists, and market analysts to assess regional economic performance and growth potential.
Key Facts
- Johnson County, WY had 15 utility patents granted in 2021.
- Patent activity in Johnson County has increased by 25% over the past 5 years.
- Wyoming ranks 48th among U.S. states for total utility patents granted.
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 that originate from inventors based in Johnson County, Wyoming.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent activity provides insight into local innovation, entrepreneurship, and technological development, which are key drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and tabulated by county of origin.
Q: How is this trend used in economic policy?
A: Patent data is widely used by policymakers, economists, and market analysts to assess regional economic performance and growth potential, informing decisions around economic development, R&D funding, and innovation policy.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year delay in the availability of county-level patent data from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Johnson County, WY (PATENTCOUNTY56019), retrieved from FRED.