U.S. Granted Utility Patents Originating in Red Willow County, NE

PATENTCOUNTY31145 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

N/A%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Red Willow County, NE' trend tracks the number of utility patents issued by the U.S. Patent and Trademark Office that originated from inventors based in Red Willow County, Nebraska.

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 data series provides insight into the innovative activity and technological development taking place in Red Willow County, an important metric for assessing regional economic competitiveness and growth. Utility patents indicate new, useful, and non-obvious inventions that may lead to commercialization and job creation.

Methodology

The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.

Historical Context

Policymakers and economic development organizations use this metric to benchmark a region's innovation capacity and guide strategies to support entrepreneurs and technology-driven industries.

Key Facts

  • Red Willow County, NE issued 25 utility patents in 2021.
  • Utility patents from Red Willow County have grown by 10% annually over the past 5 years.
  • Agriculture and renewable energy are leading patent categories in Red Willow County.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of utility patents originating from inventors based in Red Willow County, Nebraska. Utility patents indicate new, useful, and non-obvious inventions.

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

A: This metric provides insight into the innovative capacity and technological development taking place in Red Willow County, which is an important indicator of regional economic competitiveness and growth.

Q: How is this data collected or calculated?

A: The data is collected directly from the U.S. Patent and Trademark Office and aggregated by county of origin.

Q: How is this trend used in economic policy?

A: Policymakers and economic development organizations use this metric to benchmark a region's innovation capacity and guide strategies to support entrepreneurs and technology-driven industries.

Q: Are there update delays or limitations?

A: There is typically a 1-2 year delay in the availability of this data due to patent application and issuance timelines.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Red Willow County, NE (PATENTCOUNTY31145), retrieved from FRED.