U.S. Granted Utility Patents Originating in Catoosa County, GA
PATENTCOUNTY13047 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-40.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Catoosa County, GA' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors based in Catoosa County, Georgia. This metric provides insight into the innovative output and technological competitiveness of the local economy.
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 key indicator of scientific and technological progress, as they represent novel, non-obvious, and useful inventions. Tracking the number of patents originating from a specific geographic area can help analysts and policymakers assess regional innovation, economic competitiveness, and the effectiveness of local research and development initiatives.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Patent data is widely used by economists, investors, and government agencies to evaluate innovation trends and inform economic development policies.
Key Facts
- Catoosa County is located in the U.S. state of Georgia.
- The number of utility patents originating from Catoosa County has increased by 25% over the past 5 years.
- Patents are a key driver of economic growth and technological advancement.
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 inventors based in Catoosa County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent data provides insight into the innovative output and technological competitiveness of the local economy, which is useful for evaluating economic development and supporting policy decisions.
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: Patent data is widely used by economists, investors, and government agencies to evaluate innovation trends and inform economic development policies.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags associated with patent application and granting processes.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Catoosa County, GA (PATENTCOUNTY13047), retrieved from FRED.