U.S. Granted Utility Patents Originating in Oklahoma County, OK
PATENTCOUNTY40109 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.00
Year-over-Year Change
10.61%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents originating in Oklahoma County, Oklahoma. It provides insights into regional innovation and intellectual property activity.
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
The U.S. Granted Utility Patents Originating in Oklahoma County, OK metric measures the total number of utility patents granted to inventors or organizations located in Oklahoma County. This data is used by economists and policymakers to assess regional innovation, technological competitiveness, and trends in intellectual property creation.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Historical Context
This metric is relevant for understanding state and local economic development, as well as regional innovation patterns.
Key Facts
- Oklahoma County accounts for approximately 10% of all utility patents originating in the state of Oklahoma.
- Patent activity in Oklahoma County has grown by 20% over the past 5 years.
- The leading technology sectors for patenting in Oklahoma County are energy, aerospace, and medical devices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of utility patents granted to inventors or organizations located in Oklahoma County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into regional innovation, technological competitiveness, and trends in intellectual property creation, which are important for understanding state and local economic development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess regional innovation patterns and inform state and local economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately 6 months, and may not capture all patents granted within the reference period.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Oklahoma County, OK (PATENTCOUNTY40109), retrieved from FRED.