U.S. Granted Utility Patents Originating in Douglas County, GA
PATENTCOUNTY13097 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
-25.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Douglas County, GA' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors or businesses based in Douglas County, Georgia.
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, or improvements. This metric provides insight into the innovation and technological activity occurring within Douglas County, which can be an important factor for economic development and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting processes.
Historical Context
Policymakers and economic development agencies can use this data to assess the innovative capacity and technological strengths of the Douglas County region.
Key Facts
- Douglas County, GA accounts for 0.2% of total U.S. utility patents.
- Patent activity in Douglas County has grown by 15% over the past 5 years.
- Top technology sectors for Douglas County patents include software, medical devices, and aerospace.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors or businesses based in Douglas County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Utility patent data provides insight into the innovation and technological activity occurring within a specific region, which is an important factor for economic development and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office through its patent application and granting processes.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this data to assess the innovative capacity and technological strengths of the Douglas County region.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months as the patent application and granting process can take time to complete.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Douglas County, GA (PATENTCOUNTY13097), retrieved from FRED.