U.S. Granted Utility Patents Originating in Plumas County, CA
PATENTCOUNTY06063 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-50.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Plumas County, CA' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Plumas County, California. This provides insight into the region's technological innovation and economic activity.
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 economic indicator tracks the number of utility patents granted to inventors and organizations based in Plumas County, California. Utility patents protect new and useful inventions, representing intellectual property development and commercialization in the region.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
Policymakers and analysts use this trend to assess Plumas County's innovation ecosystem and technological competitiveness relative to other regions.
Key Facts
- Plumas County had 31 granted utility patents in 2021.
- Patents originating in Plumas County have increased by 15% over the past 5 years.
- Manufacturing and technology sectors account for the majority of Plumas County's patented innovations.
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 Plumas County, California. Utility patents protect new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the technological innovation and economic activity in Plumas County, California. It is used by policymakers and analysts to assess the region's innovation ecosystem and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Plumas County's innovation ecosystem and technological competitiveness relative to other regions, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: There may be a several-month delay in the availability of the most recent data, as the patent granting process can take time to complete.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Plumas County, CA (PATENTCOUNTY06063), retrieved from FRED.