U.S. Granted Utility Patents Originating in Madera County, CA
PATENTCOUNTY06039 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
333.33%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents originating in Madera County, California. It provides insight into the innovative output and technological development within this specific regional 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
The U.S. Granted Utility Patents Originating in Madera County, CA indicator measures the volume of successful patent applications filed by inventors and organizations based in Madera County. This statistic is used to analyze regional innovation, technology transfer, and entrepreneurial activity.
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 agencies monitor this trend to assess the competitiveness and growth potential of Madera County's innovation ecosystem.
Key Facts
- Madera County generated 258 utility patents in 2021.
- Patents originating in Madera County increased by 12% from 2020 to 2021.
- Madera County ranks 58th out of 3,143 U.S. counties for utility patent volume.
FAQs
Q: What does this economic trend measure?
A: The U.S. Granted Utility Patents Originating in Madera County, CA indicator tracks the number of successful patent applications filed by inventors and organizations based in Madera County, California.
Q: Why is this trend relevant for users or analysts?
A: This statistic provides insight into the innovative output and technological development within Madera County's regional economy, which is useful for policymakers, economic development agencies, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by 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 agencies monitor this trend to assess the competitiveness and growth potential of Madera County's innovation ecosystem.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in reporting due to the patent application and approval process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Madera County, CA (PATENTCOUNTY06039), retrieved from FRED.