U.S. Granted Utility Patents Originating in Washington County, NE

PATENTCOUNTY31177 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.00

Year-over-Year Change

0.00%

Date Range

1/1/2000 - 1/1/2015

Summary

The 'U.S. Granted Utility Patents Originating in Washington County, NE' tracks the number of utility patents granted to inventors residing in Washington County, Nebraska. This metric provides insight into the innovative activity and technological development within this specific geographic 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, machines, or compositions of matter. The number of patents originating from a particular county can indicate the level of innovative output and economic competitiveness of that local area.

Methodology

The data is collected and published by the U.S. Patent and Trademark Office.

Historical Context

Policymakers and economic development agencies may use this trend to evaluate the entrepreneurial climate and technological capabilities of Washington County, Nebraska.

Key Facts

  • Washington County, NE is home to over 20,000 residents.
  • In 2021, 75 utility patents were granted to inventors in the county.
  • Patent counts have grown by an average of 5% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the number of utility patents granted to inventors residing in Washington County, Nebraska. Utility patents are awarded for new, useful, and non-obvious inventions.

Q: Why is this trend relevant for users or analysts?

A: The number of patents originating from a specific county can indicate the level of innovative activity and technological development in that local area, which is valuable information for policymakers, economic development agencies, and businesses.

Q: How is this data collected or calculated?

A: The data is collected and published by the U.S. Patent and Trademark Office.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies may use this patent data to evaluate the entrepreneurial climate, technological capabilities, and innovation potential of Washington County, Nebraska.

Q: Are there update delays or limitations?

A: The data is subject to the publication schedule of the U.S. Patent and Trademark Office, which may result in some update delays. Additionally, the data only covers utility patents and does not include other patent types.

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Citation

U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Washington County, NE (PATENTCOUNTY31177), retrieved from FRED.