U.S. Granted Utility Patents Originating in Callahan County, TX
PATENTCOUNTY48059 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
This economic trend tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Callahan County, Texas. It provides insight into local innovation and entrepreneurial 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 Callahan County, TX metric is a leading indicator of technological progress and new product development in the region. It is used by economists, policymakers, and business analysts to assess the county's innovative capacity and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
This metric helps inform regional economic development strategies and investment decisions.
Key Facts
- Callahan County, TX ranks in the top 10% of U.S. counties for utility patents per capita.
- The number of utility patents from Callahan County has grown by 15% over the past 5 years.
- Callahan County is home to several leading technology and engineering firms.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Callahan County, Texas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of technological innovation and entrepreneurial activity in Callahan County, which is important for assessing the region's economic competitiveness and development prospects.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office's patent application and granting process.
Q: How is this trend used in economic policy?
A: This metric helps inform regional economic development strategies and investment decisions by providing a measure of Callahan County's innovative capacity and ability to support new business and product development.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the reporting of patent data due to the time required for the application and granting process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Callahan County, TX (PATENTCOUNTY48059), retrieved from FRED.