U.S. Granted Utility Patents Originating in Grant Parish, LA
PATENTCOUNTY22043 • 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 Grant Parish, LA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Grant Parish, Louisiana. This metric serves as an indicator of innovation and technological activity in the local economy.
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, machines, or processes. The number of utility patents originating from a specific geographic area can provide insights into the level of innovative activity and technological development within that region.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies can use this metric to assess the innovative capacity and competitiveness of local economies.
Key Facts
- Grant Parish, LA had 15 utility patents granted in 2021.
- Utility patents account for the majority of all patents issued in the U.S.
- Patent activity is a leading indicator of technological advancement and economic growth.
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 Grant Parish, Louisiana.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating from a specific geographic area can provide insights into the level of innovative activity and technological development within that local economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this metric to assess the innovative capacity and competitiveness of local economies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and publication timeline of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Grant Parish, LA (PATENTCOUNTY22043), retrieved from FRED.