U.S. Granted Utility Patents Originating in St. Joseph County, IN
PATENTCOUNTY18141 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.00
Year-over-Year Change
22.22%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in St. Joseph County, IN' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in St. Joseph County, Indiana. This metric provides insight into the region's innovative activity 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
This data series tracks the number of utility patents granted by the USPTO to inventors whose primary residence is located in St. Joseph County, Indiana. Utility patents protect new and useful inventions, making this series a key indicator of technological innovation and entrepreneurship within the county.
Methodology
The data is collected directly from U.S. Patent and Trademark Office records.
Historical Context
Patent activity is closely monitored by economists, policymakers, and business analysts to assess regional competitiveness and identify emerging technology hubs.
Key Facts
- St. Joseph County, IN is home to the University of Notre Dame, a major research institution.
- The county has a diverse manufacturing and technology-focused economy.
- Patent activity is considered a leading indicator of future economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in St. Joseph County, Indiana.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is a key indicator of technological innovation and entrepreneurship within a region, making this data relevant for economists, policymakers, and business analysts assessing regional 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: Patent activity is closely monitored by policymakers to identify emerging technology hubs and assess regional competitiveness, informing economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the U.S. Patent and Trademark Office's reporting and may not reflect the most recent patent activity.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in St. Joseph County, IN (PATENTCOUNTY18141), retrieved from FRED.