U.S. Granted Utility Patents Originating in Tillamook County, OR
PATENTCOUNTY41057 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Tillamook County, OR' trend measures the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Tillamook County, Oregon.
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 dataset tracks the volume of utility patent grants for inventions originating from Tillamook County, providing insights into the region's innovation activity and technological development. Economists and policymakers can use this data to assess local entrepreneurship, technological competitiveness, and economic growth.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the residence location of patent applicants.
Historical Context
This patent data helps inform economic development strategies and investments in Tillamook County and the surrounding region.
Key Facts
- Tillamook County is home to a diverse range of industries, including agriculture, manufacturing, and tourism.
- Patent activity can indicate the level of technological innovation in a local economy.
- Trends in patent grants can inform policies to support entrepreneurship and business 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 originated from Tillamook County, Oregon.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the level of innovation and technological competitiveness in Tillamook County, which can inform economic development strategies and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the residence location of patent applicants.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations can use this patent data to assess the innovation ecosystem in Tillamook County and develop policies to support entrepreneurship and business growth.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of patent data, as the application and granting process can take several months. Additionally, the data only captures patents originating in Tillamook County and may not reflect the full scope of innovation activity in the region.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Tillamook County, OR (PATENTCOUNTY41057), retrieved from FRED.