U.S. Granted Utility Patents Originating in Augusta-Richmond County, GA-SC (MSA)
PATENTCBSA112260 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.00
Year-over-Year Change
22.73%
Date Range
1/1/2000 - 1/1/2015
Summary
This trend measures the number of utility patents granted to inventors originating in the Augusta-Richmond County, GA-SC metropolitan statistical area (MSA). Utility patents are a key indicator of innovation and technological progress within a region.
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
The U.S. Granted Utility Patents Originating in Augusta-Richmond County, GA-SC (MSA) tracks the volume of new utility patents registered to inventors located in this metropolitan area. Utility patents protect the creation of new and useful inventions, reflecting the innovative capacity and potential for economic growth within the region.
Methodology
This data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and analysts use this metric to assess the innovative activity and technological development in the Augusta-Richmond County MSA.
Key Facts
- The Augusta-Richmond County MSA is located along the Georgia-South Carolina border.
- Utility patents protect new and useful inventions, as opposed to design or plant patents.
- Patent activity is a leading indicator of technological advancement and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted to inventors originating in the Augusta-Richmond County, GA-SC metropolitan statistical area.
Q: Why is this trend relevant for users or analysts?
A: Utility patent activity is a key indicator of innovation and technological progress within a region, providing insights into the economic development and growth potential of the Augusta-Richmond County MSA.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the innovative capacity and technological development within the Augusta-Richmond County MSA, which can inform economic development strategies and investments.
Q: Are there update delays or limitations?
A: There may be delays in the data reporting and publication by the U.S. Patent and Trademark Office.
Similar PATENTCBSA Trends
U.S. Granted Utility Patents Originating in Carter County, MO
PATENTCOUNTY29035
U.S. Granted Utility Patents Originating in Abbeville County, SC
PATENTCOUNTY45001
U.S. Granted Utility Patents Originating in Chelan County, WA
PATENTCOUNTY53007
U.S. Granted Utility Patents Originating in Gainesville, GA (MSA)
PATENTCBSA123580
U.S. Granted Utility Patents Originating in Maricopa County, AZ
PATENTCOUNTY04013
U.S. Granted Patents: Total Patents Originating in Panama
PATENT4NPATOTAL
Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Augusta-Richmond County, GA-SC (MSA) (PATENTCBSA112260), retrieved from FRED.