U.S. Granted Utility Patents Originating in Frio County, TX
PATENTCOUNTY48163 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Frio County, TX' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Frio County, Texas.
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
This indicator provides insights into the innovative activity and technological development occurring within a specific county in the state of Texas. It is used by economists, policymakers, and regional analysts to evaluate the entrepreneurial climate and research & development capacity of local communities.
Methodology
The data is collected from administrative records maintained by the U.S. Patent and Trademark Office.
Historical Context
This metric is commonly referenced in discussions surrounding regional economic competitiveness and the geographic distribution of innovation.
Key Facts
- Frio County, TX is home to approximately 19,000 residents.
- The county has seen an average of 13 utility patents granted per year over the past decade.
- High-tech industries like oil & gas, aerospace, and renewable energy have a strong presence in the region.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors residing in Frio County, Texas.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the innovative activity and technological development occurring within a specific county, which is useful for evaluating the entrepreneurial climate and research & development capacity of local communities.
Q: How is this data collected or calculated?
A: The data is collected from administrative records maintained by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This metric is commonly referenced in discussions surrounding regional economic competitiveness and the geographic distribution of innovation.
Q: Are there update delays or limitations?
A: The data is subject to typical administrative processing and publication delays by the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Frio County, TX (PATENTCOUNTY48163), retrieved from FRED.