U.S. Granted Utility Patents Originating in Putnam County, FL
PATENTCOUNTY12107 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Putnam County, FL' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Putnam County, Florida. This metric provides insight into the innovative activity and technological development in the local 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
Utility patents represent inventions, technological improvements, and novel processes granted legal protection. The number of utility patents originating from a specific county or region indicates the level of innovation and commercialization of new ideas occurring in that local economy.
Methodology
The data is collected directly from the U.S. Patent and Trademark Office's official patent records.
Historical Context
Tracking patent activity is useful for economic development agencies, policymakers, and market analysts to assess regional competitiveness and the commercial potential of local innovation.
Key Facts
- Putnam County, FL averaged 37 utility patents per year from 2010-2020.
- Patents originating in Putnam County accounted for 0.05% of total U.S. utility patents granted.
- The number of Putnam County utility patents peaked at 57 in 2015.
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 Putnam County, Florida.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating from a specific county or region indicates the level of innovation and commercialization of new ideas occurring in that local economy, which is useful for economic development and market analysis.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office's official patent records.
Q: How is this trend used in economic policy?
A: Tracking patent activity is useful for economic development agencies, policymakers, and market analysts to assess regional competitiveness and the commercial potential of local innovation.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and processing timelines of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Putnam County, FL (PATENTCOUNTY12107), retrieved from FRED.