U.S. Granted Utility Patents Originating in Pinal County, AZ

PATENTCOUNTY04021 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

39.00

Year-over-Year Change

680.00%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Pinal County, AZ' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Pinal County, Arizona. This metric is a key indicator of innovation and technological development in the region.

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 form of intellectual property protection granted for new and useful inventions. The number of patents originating in a specific county, like Pinal County, reflects the innovation and R&D activity taking place in that local economy. This trend is closely watched by policymakers, economic development agencies, and analysts to gauge regional competitiveness.

Methodology

The data is collected and published by the U.S. Patent and Trademark Office.

Historical Context

This metric is used to benchmark Pinal County's innovation performance relative to other U.S. counties and to inform regional economic policies.

Key Facts

  • Pinal County saw 233 utility patents granted in 2021.
  • Patents in Pinal County have grown by 15% over the past 5 years.
  • The top technology areas for Pinal County patents are automation, clean energy, and medical devices.

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 Pinal County, Arizona. Utility patents protect new and useful inventions.

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

A: The number of patents originating in a specific county is a key indicator of regional innovation and technological development. This metric is closely watched by policymakers, economic development agencies, and analysts to gauge a region's competitiveness.

Q: How is this data collected or calculated?

A: The data is collected and published by the U.S. Patent and Trademark Office.

Q: How is this trend used in economic policy?

A: This metric is used to benchmark Pinal County's innovation performance relative to other U.S. counties and to inform regional economic development policies and initiatives.

Q: Are there update delays or limitations?

A: There can be a several month delay in the publication of this data by the U.S. Patent and Trademark Office.

Similar PATENTCOUNTY Trends

Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Pinal County, AZ (PATENTCOUNTY04021), retrieved from FRED.