U.S. Granted Utility Patents Originating in Hartford County, CT
PATENTCOUNTY09003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
569.00
Year-over-Year Change
84.14%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents originating in Hartford County, Connecticut. It provides insight into the region's innovation and technological development.
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 Hartford County, CT metric measures the volume of new utility patents issued to inventors located in that specific county. This data point is used by economists and policymakers to analyze regional innovation and technological competitiveness.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
This metric is closely watched by economic development agencies and venture capital firms to understand local innovation trends.
Key Facts
- Hartford County ranks among the top 10 U.S. counties for utility patents.
- Utility patents cover new, useful, and non-obvious inventions.
- Patents are a key driver of economic growth and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of new utility patents originating from inventors located in Hartford County, Connecticut.
Q: Why is this trend relevant for users or analysts?
A: The volume of new patents in a region is a key indicator of local innovation and technological development, which is closely watched by economic policymakers and investors.
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 by economic development agencies and venture capital firms to analyze regional innovation and competitiveness, informing investment and policy decisions.
Q: Are there update delays or limitations?
A: There may be a several month delay in publishing the latest patent data due to administrative processing times.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Hartford County, CT (PATENTCOUNTY09003), retrieved from FRED.