U.S. Granted Utility Patents Originating in Holmes County, FL
PATENTCOUNTY12059 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Holmes County, FL' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors and organizations based in Holmes County, Florida.
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 protect new and useful inventions or innovations. This metric provides insight into the level of innovation and technological development occurring in Holmes County, which can have important implications for the regional economy and policymakers.
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 officials often monitor this metric to gauge the innovation capacity and entrepreneurial activity within a local area.
Key Facts
- Holmes County, FL is home to approximately 20,000 residents.
- The county's largest industries include agriculture, manufacturing, and tourism.
- Patent activity can indicate the level of technological advancement in a region.
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 to inventors and organizations based in Holmes County, Florida.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is a key indicator of innovation and technological development within a local economy, which can have important implications for economic growth, competitiveness, and policymaking.
Q: How is this data collected or calculated?
A: The data is collected directly from 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 officials often monitor patent metrics to gauge the innovation capacity and entrepreneurial activity within a local area, which can inform decisions around funding, incentives, and other policies.
Q: Are there update delays or limitations?
A: There may be a lag of several months between when patents are granted and when the data is published and made available.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Holmes County, FL (PATENTCOUNTY12059), retrieved from FRED.