U.S. Granted Utility Patents Originating in Forsyth County, GA
PATENTCOUNTY13117 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.00
Year-over-Year Change
265.52%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Forsyth County, GA' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have a primary inventor located in Forsyth 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
This economic indicator provides insight into the innovation and technological activity within Forsyth County, which is an important hub for technology and R&D. It is used by policymakers, economists, and regional analysts to assess the county's competitiveness and ability to foster new inventions and ideas.
Methodology
The data is collected by the U.S. Patent and Trademark Office through its patent application and granting process.
Historical Context
This metric is relevant for understanding regional economic development and competitiveness, as well as the broader trends in U.S. innovation and intellectual property creation.
Key Facts
- Forsyth County, GA is a hub for technology and R&D in the Southeast U.S.
- Utility patents represent new, useful inventions or improvements.
- Patent data provides insights into local innovation and competitiveness.
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 have a primary inventor located in Forsyth County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the innovation and technological activity within Forsyth County, which is an important hub for technology and R&D. It is used by policymakers, economists, and regional analysts to assess the county's competitiveness and ability to foster new inventions and ideas.
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 process.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding regional economic development and competitiveness, as well as the broader trends in U.S. innovation and intellectual property creation.
Q: Are there update delays or limitations?
A: The data is subject to the typical processing and publication timelines of the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Forsyth County, GA (PATENTCOUNTY13117), retrieved from FRED.