U.S. Granted Utility Patents Originating in Marshall County, IN
PATENTCOUNTY18099 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-50.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Marshall County, IN' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors located in Marshall County, Indiana.
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 provides insight into the innovation and entrepreneurial activity within Marshall County, a rural county in northern Indiana. The number of patents granted can be used to assess the region's technological competitiveness and capacity for new product development.
Methodology
The data is collected directly from U.S. Patent and Trademark Office records.
Historical Context
Policymakers and economic development organizations monitor this metric to identify opportunities for supporting local innovation and high-tech industries.
Key Facts
- Marshall County, IN is home to approximately 47,000 residents.
- The county's largest city is Plymouth, with a population of 10,000.
- The region has a diverse economy focused on manufacturing, agriculture, and tourism.
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 were filed by inventors located in Marshall County, Indiana.
Q: Why is this trend relevant for users or analysts?
A: The number of patents originating in a region provides insight into the local innovation ecosystem and entrepreneurial activity, which are key drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. Patent and Trademark Office records.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations monitor this metric to identify opportunities for supporting local innovation and high-tech industries.
Q: Are there update delays or limitations?
A: There may be lags in the data due to the time required for the patent application and review process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Marshall County, IN (PATENTCOUNTY18099), retrieved from FRED.