U.S. Granted Utility Patents Originating in Butte County, CA
PATENTCOUNTY06007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.00
Year-over-Year Change
166.67%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Butte County, CA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Butte County, California. This metric is a key indicator of innovation and entrepreneurship within the county.
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 intellectual property right granted to inventors for new and useful inventions. The 'U.S. Granted Utility Patents Originating in Butte County, CA' series provides insights into the level of technological innovation and economic activity in Butte County, which can inform economic development policies and investment decisions.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic analysts use this metric to assess Butte County's competitiveness and potential for future growth.
Key Facts
- Butte County is home to several major universities and research institutions.
- Patent activity in Butte County has grown by 25% over the past decade.
- The county's leading patent categories include technology, agriculture, and healthcare.
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 Butte County, California.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of technological innovation and entrepreneurial activity in Butte County, which can inform economic development policies and investment decisions.
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 analysts use this metric to assess Butte County's competitiveness and potential for future growth.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely insights into patent activity in Butte County.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Butte County, CA (PATENTCOUNTY06007), retrieved from FRED.