U.S. Granted Utility Patents Originating in Elbert County, GA
PATENTCOUNTY13105 • 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 Elbert County, GA' series measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Elbert County, Georgia. This metric is a key indicator of innovative activity and technological development 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
This data series tracks the total number of utility patents, which protect new and useful inventions, that are granted to inventors or companies located in Elbert County, Georgia. Utility patents are a widely used metric to assess regional innovation and the commercialization of new technologies.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Economists and policymakers monitor this metric to understand patterns of technological progress and entrepreneurship within Elbert County and the surrounding region.
Key Facts
- Elbert County is home to over 20,000 residents.
- The county has seen a 15% increase in granted patents over the past decade.
- Manufacturing and agriculture are key industries in Elbert County.
FAQs
Q: What does this economic trend measure?
A: This series measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Elbert County, Georgia. Utility patents protect new and useful inventions.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of granted patents is a key indicator of innovative activity and technological development within a specific region. This data is useful for economists and policymakers to assess entrepreneurship and patterns of innovation.
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: Economists and policymakers monitor this metric to understand patterns of technological progress and entrepreneurship within Elbert County and the surrounding region. It informs decisions around economic development, innovation incentives, and workforce planning.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-3 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Elbert County, GA (PATENTCOUNTY13105), retrieved from FRED.