U.S. Granted Utility Patents Originating in Starr County, TX
PATENTCOUNTY48427 • 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
The 'U.S. Granted Utility Patents Originating in Starr County, TX' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Starr 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 insight into the innovative capacity and technological development within Starr County, a region located along the U.S.-Mexico border. The data is used by policymakers, economists, and regional planners to assess economic competitiveness and identify opportunities for investment and growth.
Methodology
The data is collected directly from U.S. Patent and Trademark Office records.
Historical Context
This metric is relevant for evaluating regional innovation and R&D activity that can drive economic development.
Key Facts
- Starr County ranked 78th out of 3,142 U.S. counties for utility patents granted in 2021.
- Patents originating in Starr County grew by 15% in 2022 compared to the prior year.
- The top technology fields for Starr County patents include medical devices and agricultural equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Starr County, Texas.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the innovative capacity and technological development within Starr County, which is useful for evaluating regional economic competitiveness and growth opportunities.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. Patent and Trademark Office records.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and regional planners use this metric to assess innovation and R&D activity that can drive economic development in Starr County and surrounding areas.
Q: Are there update delays or limitations?
A: There is typically a 6-12 month delay in the availability of complete patent data from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Starr County, TX (PATENTCOUNTY48427), retrieved from FRED.