U.S. Granted Utility Patents Originating in Mecosta County, MI
PATENTCOUNTY26107 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Mecosta County, MI' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors residing in Mecosta County, Michigan.
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 trend provides insight into the innovative activity and entrepreneurship taking place in Mecosta County, Michigan. Utility patents are an important indicator of technological progress and new product development within a regional economy.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development organizations use this metric to assess the innovation capacity and competitiveness of Mecosta County.
Key Facts
- Mecosta County, MI is home to Ferris State University, a major source of patents.
- Patent activity in Mecosta County has grown steadily over the past decade.
- The top technology areas for Mecosta County patents include engineering, software, and medical devices.
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 residing in Mecosta County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: Utility patents are an important indicator of technological innovation and entrepreneurial activity within a regional economy. This trend provides insights into Mecosta County's innovation capacity and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this metric to assess the innovation ecosystem and guide strategies to foster entrepreneurship and technological progress in Mecosta County.
Q: Are there update delays or limitations?
A: There may be a several-month delay in reporting the latest patent data from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Mecosta County, MI (PATENTCOUNTY26107), retrieved from FRED.