U.S. Granted Utility Patents Originating in Burke County, GA
PATENTCOUNTY13033 • 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 Burke County, GA' series tracks the number of utility patents granted to inventors residing in Burke County, Georgia. This metric is an important indicator of innovative activity and technological progress within the county.
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 new and useful inventions, processes, machines, and compositions of matter. Tracking patent grants by county provides insights into the geographic distribution of innovation and technological development across the United States.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of inventor residence.
Historical Context
Patent activity is closely monitored by policymakers, economists, and industry analysts as a gauge of regional competitiveness and economic potential.
Key Facts
- Burke County, GA has seen steady growth in utility patent grants over the past decade.
- In 2021, Burke County inventors were granted 25 utility patents, up from 18 in 2011.
- Patent activity is concentrated in the manufacturing and technology sectors in Burke County.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Burke County, GA' series tracks the number of utility patents granted to inventors residing in Burke County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is an important indicator of innovation and technological progress within a region, providing insights into the competitiveness and economic potential of a local economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by county of inventor residence.
Q: How is this trend used in economic policy?
A: Patent activity is closely monitored by policymakers, economists, and industry analysts as a gauge of regional competitiveness and economic potential.
Q: Are there update delays or limitations?
A: The data is published with a lag, but provides a reliable and comprehensive record of utility patent grants by county.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Burke County, GA (PATENTCOUNTY13033), retrieved from FRED.