U.S. Granted Utility Patents Originating in Roseau County, MN
PATENTCOUNTY27135 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
1200.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Roseau County, MN' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office (USPTO) that were filed by inventors residing in Roseau County, Minnesota.
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 metric provides insight into the innovative activity and technological development occurring within Roseau County. Tracking patent grants over time can help economists and policymakers assess the county's competitiveness and potential for economic growth.
Methodology
The data is collected directly from USPTO patent grant records.
Historical Context
Patent activity is commonly used as a proxy for innovation and technological progress.
Key Facts
- Roseau County is a rural county in northwestern Minnesota.
- Patents reflect new inventions and technological advancements.
- Patent data can indicate a region's competitiveness and innovation capacity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the USPTO that were filed by inventors residing in Roseau County, Minnesota.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent grants provides insight into the innovative activity and technological development occurring within Roseau County, which can help assess the county's competitiveness and potential for economic growth.
Q: How is this data collected or calculated?
A: The data is collected directly from USPTO patent grant records.
Q: How is this trend used in economic policy?
A: Patent activity is commonly used as a proxy for innovation and technological progress, which are important factors considered by economists and policymakers when evaluating regional economic development and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and processing timelines of the USPTO.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Roseau County, MN (PATENTCOUNTY27135), retrieved from FRED.