U.S. Granted Utility Patents Originating in San Joaquin County, CA
PATENTCOUNTY06077 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.00
Year-over-Year Change
80.77%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in San Joaquin County, CA' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in San Joaquin County, California. This statistic is a key indicator of regional innovation and technological 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
Utility patents are a type of patent granted for the invention of a new and useful process, machine, manufacture, or composition of matter, or a new and useful improvement thereof. The number of utility patents originating from a specific county provides insights into the level of technological development and innovative capacity within that local economy.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies often use this metric to benchmark a region's competitiveness and guide strategies to foster innovation.
Key Facts
- San Joaquin County ranks among the top 20 U.S. counties for utility patents.
- Utility patents originating from the county have grown by over 50% in the past decade.
- Key industries driving patent activity include agriculture, logistics, and clean technology.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in San Joaquin County, California.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating from a specific county provides insights into the level of technological development and innovative capacity within that local economy, which is valuable information for policymakers and economic development agencies.
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 development agencies often use this metric to benchmark a region's competitiveness and guide strategies to foster innovation and technological advancement.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the U.S. Patent and Trademark Office, which may result in slight delays in availability.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in San Joaquin County, CA (PATENTCOUNTY06077), retrieved from FRED.