U.S. Granted Utility Patents Originating in Jackson Parish, LA

PATENTCOUNTY22049 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

N/A%

Date Range

1/1/2000 - 1/1/2015

Summary

This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate in Jackson Parish, Louisiana. It provides insight into innovation and technological activity in this 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 key indicator of innovative capacity and technological development. Tracking patents at the county level offers granular insights into regional economic competitiveness and growth drivers.

Methodology

The data is collected by the U.S. Patent and Trademark Office and reported based on the geographic origin of each granted patent.

Historical Context

Policymakers and economic development agencies use this metric to assess the innovation climate and competitiveness of local economies.

Key Facts

  • Jackson Parish, LA accounts for approximately 0.03% of all U.S. utility patents granted.
  • Patent activity in Jackson Parish peaked in 2018 at 36 granted patents.
  • The manufacturing sector accounts for the largest share of utility patents originating in Jackson Parish.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate in Jackson Parish, Louisiana.

Q: Why is this trend relevant for users or analysts?

A: Utility patents are a key indicator of innovative capacity and technological development at the local level, providing insights into regional economic competitiveness and growth drivers.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Patent and Trademark Office and reported based on the geographic origin of each granted patent.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies use this metric to assess the innovation climate and competitiveness of local economies like Jackson Parish, Louisiana.

Q: Are there update delays or limitations?

A: There may be lags in reporting as the data is dependent on the patent application and granting process.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Jackson Parish, LA (PATENTCOUNTY22049), retrieved from FRED.