U.S. Granted Utility Patents Originating in Clark County, WI
PATENTCOUNTY55019 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Clark County, WI' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have inventors residing in Clark County, Wisconsin.
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 economic indicator provides insight into the innovative and technological output of Clark County, an important manufacturing hub in Wisconsin. It is used by economists and policymakers to assess regional innovation trends and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office from patent application records.
Historical Context
Trends in granted patents can inform regional economic and innovation policy decisions.
Key Facts
- Clark County, WI is a top manufacturing hub in the Midwest.
- Utility patents represent major technological innovations.
- Patent trends reflect regional competitiveness and R&D investment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have inventors residing in Clark County, Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Trends in granted patents provide insight into the innovative and technological output of Clark County, an important manufacturing region. This information is valuable for assessing regional competitiveness and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected directly from patent application records by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to understand regional innovation trends and inform decisions around economic development, workforce training, and research and development investments.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the administrative process of patent application review and approval, but the data is considered a reliable indicator of innovation activity in the region.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Clark County, WI (PATENTCOUNTY55019), retrieved from FRED.