U.S. Granted Utility Patents Originating in Lynn County, TX
PATENTCOUNTY48305 • 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
The 'U.S. Granted Utility Patents Originating in Lynn County, TX' metric tracks the number of utility patents granted to inventors located in Lynn County, Texas. This data point is a key indicator of local innovation and technological 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
Utility patents are a type of intellectual property right granted to inventors for new and useful inventions. Tracking patents originating in a specific county provides insights into regional innovation, economic competitiveness, and technology trends.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county.
Historical Context
Patent data is widely used by policymakers, economists, and businesses to assess economic development and guide investment decisions.
Key Facts
- Lynn County is located in West Texas.
- Patent grants are a measure of inventive activity.
- The data is published on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted to inventors located in Lynn County, Texas. Utility patents are a type of intellectual property right granted for new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: Patent data provides insights into regional innovation, economic competitiveness, and technology trends. It is widely used by policymakers, economists, and businesses to assess economic development and guide investment decisions.
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: Patent data is used by policymakers, economists, and businesses to assess economic development and guide investment decisions. It provides insights into regional innovation and technological activity.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with no known update delays or limitations.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Lynn County, TX (PATENTCOUNTY48305), retrieved from FRED.