U.S. Granted Utility Patents Originating in an Undetermined County in Pennsylvania
PATENTCOUNTY42000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents originating in an undetermined county in Pennsylvania, which provides insights into regional innovation and technological development.
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 an Undetermined County in Pennsylvania metric records the volume of patent applications approved for inventions and innovations that come from an unspecified location within the state. This data point is useful for analyzing geographic patterns of technological activity and assessing regional economic performance.
Methodology
The data is collected by the U.S. Patent and Trademark Office through the patent application and review process.
Historical Context
Policymakers and economists use this metric to monitor regional innovation and guide economic development strategies.
Key Facts
- Pennsylvania is a major center of technological innovation.
- Patent activity is a key indicator of economic competitiveness.
- Undetermined county data points highlight geographic data limitations.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of utility patents originating from an unspecified county within the state of Pennsylvania, providing insights into regional innovation and technological development.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding patterns of innovation and technological activity at the regional level, which can inform economic development strategies and policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through the patent application and review process.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor regional innovation and guide economic development initiatives aimed at promoting technological advancement and competitiveness.
Q: Are there update delays or limitations?
A: The 'undetermined county' designation in the data highlights geographic data limitations that may affect the timeliness and granularity of this economic indicator.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in an Undetermined County in Pennsylvania (PATENTCOUNTY42000), retrieved from FRED.