U.S. Granted Utility Patents Originating in Brunswick, GA (MSA)
PATENTCBSA115260 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-37.50%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Brunswick, GA (MSA)' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from the Brunswick, Georgia metropolitan statistical area (MSA). This is an important indicator of regional innovation and technological advancement.
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 granted for new and useful inventions, providing insights into the level of technological innovation within a geographic region. Tracking this metric helps economists and policymakers understand the drivers of economic growth and competitiveness in the Brunswick, GA MSA.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is used to inform regional economic development strategies and policies aimed at fostering innovation and entrepreneurship.
Key Facts
- Brunswick, GA MSA ranked 251st among U.S. metropolitan areas for utility patents in 2021.
- Utility patents originating in Brunswick, GA peaked at 57 in 2015.
- The Brunswick, GA MSA accounts for less than 0.1% of total U.S. utility patents.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from the Brunswick, Georgia metropolitan statistical area (MSA).
Q: Why is this trend relevant for users or analysts?
A: Tracking utility patents in the Brunswick, GA MSA provides insights into the level of technological innovation and economic competitiveness in the region, which is valuable information for policymakers and economic development stakeholders.
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: This trend is used to inform regional economic development strategies and policies aimed at fostering innovation and entrepreneurship in the Brunswick, GA MSA.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological changes of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Brunswick, GA (MSA) (PATENTCBSA115260), retrieved from FRED.