U.S. Granted Utility Patents Originating in Franklin County, GA
PATENTCOUNTY13119 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Franklin County, GA' series measures the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors located in Franklin 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. This series provides insight into the innovation and technological activity within Franklin County, which can be a key indicator of economic development and competitiveness.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policy makers and economic analysts use this data to assess regional innovation and entrepreneurial activity.
Key Facts
- Franklin County is located in northeast Georgia.
- Utility patents represent around 90% of all patents granted in the U.S.
- Patent activity is a key indicator of technological competitiveness.
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 inventors located in Franklin County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is a key indicator of innovation and technological competitiveness within a region, making this data relevant for assessing economic development and growth.
Q: How is this data collected or calculated?
A: The data is collected and reported directly by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this data to evaluate regional innovation and entrepreneurial activity, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the time required to process and publish patent data, and the data is limited to utility patents originating in Franklin County, Georgia.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Franklin County, GA (PATENTCOUNTY13119), retrieved from FRED.