U.S. Granted Utility Patents Originating in Meade County, KY
PATENTCOUNTY21163 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Meade County, KY' metric tracks the number of utility patents granted to inventors based in Meade County, Kentucky. This provides insight into the local innovation and technological development in the region.
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 are a type of patent granted for new and useful inventions, processes, or machines. The number of patents originating from a specific county or locality can indicate the level of technological activity and innovation within that area.
Methodology
The data is collected by the U.S. Patent and Trademark Office and compiled into this county-level series.
Historical Context
Policymakers and economic development analysts use this metric to assess the innovation capacity and competitiveness of local and regional economies.
Key Facts
- Meade County, KY is home to over 30,000 residents.
- The county has seen a steady increase in utility patents over the past decade.
- Manufacturing and aerospace are key industries in Meade County.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted to inventors based in Meade County, Kentucky. Utility patents cover new and useful inventions, processes, or machines.
Q: Why is this trend relevant for users or analysts?
A: The number of patents originating from a specific county or locality can indicate the level of technological activity and innovation within that area, which is of interest to policymakers and economic development analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and compiled into this county-level series.
Q: How is this trend used in economic policy?
A: Policymakers and economic development analysts use this metric to assess the innovation capacity and competitiveness of local and regional economies.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the most recent data, as the U.S. Patent and Trademark Office compiles and publishes the county-level information.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Meade County, KY (PATENTCOUNTY21163), retrieved from FRED.