U.S. Granted Utility Patents Originating in Juneau County, WI
PATENTCOUNTY55057 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-60.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Juneau County, WI' series tracks the number of utility patents granted annually to inventors residing in Juneau County, Wisconsin. This metric is a key indicator of regional innovation and technological development.
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 any new and useful improvement thereof. This series provides insight into the innovative capacity and economic competitiveness of Juneau County.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies use this metric to evaluate the technology sector and target investments in Juneau County.
Key Facts
- Juneau County had 42 utility patents granted in 2021.
- Patent grants have increased by 15% in Juneau County over the past 5 years.
- Manufacturing accounts for the largest share of Juneau County's patented inventions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted annually to inventors residing in Juneau County, Wisconsin by the U.S. Patent and Trademark Office.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the innovative capacity and economic competitiveness of Juneau County, which is valuable for policymakers, economic development agencies, and analysts studying regional technology and innovation.
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: Policymakers and economic development agencies use this metric to evaluate the technology sector and target investments in Juneau County.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year's figures may not be available for several months.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Juneau County, WI (PATENTCOUNTY55057), retrieved from FRED.