U.S. Granted Utility Patents Originating in Fayette County, GA
PATENTCOUNTY13113 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.00
Year-over-Year Change
283.33%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Fayette County, GA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from Fayette County, Georgia. This measure provides insights into the region's innovation and technological development.
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, processes, machines, or compositions of matter. The number of utility patents originating in Fayette County, GA serves as an indicator of the region's capacity for innovation and entrepreneurship within technology-driven industries.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development organizations can use this metric to monitor the innovation ecosystem and competitiveness of Fayette County, Georgia.
Key Facts
- Fayette County, GA is home to several major technology companies and research institutions.
- Patents are a key indicator of technological progress and economic competitiveness.
- The number of patents originating in a region can inform policies to support innovation and entrepreneurship.
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 originated from Fayette County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: The number of patents originating in a region is an important indicator of its innovation capacity and technological development, which can inform economic policies and business strategies.
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: Policymakers and economic development organizations can use this metric to monitor the innovation ecosystem and competitiveness of Fayette County, Georgia, and inform strategies to support technological progress and entrepreneurship.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and limitations typical of patent registration and reporting processes.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Fayette County, GA (PATENTCOUNTY13113), retrieved from FRED.