U.S. Granted Utility Patents Originating in Juab County, UT
PATENTCOUNTY49023 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Juab County, UT' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Juab County, Utah. This metric is a key indicator of 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
Utility patents are a type of patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. Tracking patent grants by county helps policymakers and economists understand regional innovation trends and the geographic distribution of technological development.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Patent grant statistics are used to assess the innovative capacity and competitiveness of local economies.
Key Facts
- Juab County averaged 23 utility patent grants per year from 2010-2020.
- Patent grants in Juab County peaked at 35 in 2018.
- Juab County accounts for less than 0.1% of total U.S. utility patent grants.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Juab County, UT' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office to inventors residing in Juab County, Utah.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent grants by county helps policymakers and economists understand regional innovation trends and the geographic distribution of technological development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Patent grant statistics are used to assess the innovative capacity and competitiveness of local economies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and processing timelines of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Juab County, UT (PATENTCOUNTY49023), retrieved from FRED.