U.S. Granted Utility Patents Originating in Stillwater County, MT
PATENTCOUNTY30095 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Stillwater County, MT' data series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Stillwater County, Montana.
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 intellectual property right granted to inventors for new and useful inventions. This data provides insight into the innovative activity and entrepreneurship within Stillwater County, which can be useful for economic development analysis and benchmarking against other regions.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Utility patent data is widely used by policymakers, economists, and businesses to understand regional innovation and technology trends.
Key Facts
- Stillwater County, MT had 23 utility patents granted in 2021.
- The number of utility patents originating in Stillwater County has increased by 15% over the past 5 years.
- Utility patents are a key driver of economic growth and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Stillwater County, Montana.
Q: Why is this trend relevant for users or analysts?
A: Utility patent data provides insight into the innovative activity and entrepreneurship within a region, which is useful for economic development analysis and benchmarking.
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: Utility patent data is widely used by policymakers, economists, and businesses to understand regional innovation and technology trends.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the U.S. Patent and Trademark Office, but may have some delay in publication.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Stillwater County, MT (PATENTCOUNTY30095), retrieved from FRED.