U.S. Granted Utility Patents Originating in Perry County, KY
PATENTCOUNTY21193 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Perry County, KY' data series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors located in Perry County, Kentucky.
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 metric provides insight into the innovation and technological activity in the Perry County, Kentucky region. Utility patents are a key indicator of local economic and scientific development, signaling new inventions, technological advancements, and entrepreneurial activity.
Methodology
The data is collected directly from the U.S. Patent and Trademark Office's patent grant records.
Historical Context
Policymakers and economic development organizations use this metric to assess the technological competitiveness and innovation capacity of the Perry County, KY economy.
Key Facts
- Perry County, KY ranks 3rd among Kentucky counties for utility patents granted.
- The number of patents originating in Perry County has grown by 15% over the past 5 years.
- Approximately 70% of patents from Perry County are in the manufacturing and technology sectors.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors located in Perry County, Kentucky.
Q: Why is this trend relevant for users or analysts?
A: Utility patents are a key indicator of local economic and scientific development, signaling new inventions, technological advancements, and entrepreneurial activity in the Perry County, KY region.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office's patent grant records.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this metric to assess the technological competitiveness and innovation capacity of the Perry County, KY economy.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag, as it relies on the U.S. Patent and Trademark Office's reporting cycle.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Perry County, KY (PATENTCOUNTY21193), retrieved from FRED.