U.S. Granted Utility Patents Originating in Grady County, GA
PATENTCOUNTY13131 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Grady County, GA' measures the total number of utility patents granted annually by the U.S. Patent and Trademark Office for inventions originating in Grady County, Georgia. This is an important indicator of technological innovation and economic activity in the local region.
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 the invention of a new and useful process, machine, manufacture, or composition of matter. The total number of utility patents originating in a specific county reflects the level of innovative activity and commercialization of new technologies in that area.
Methodology
The data is collected and reported annually by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development organizations use this metric to track regional innovation and competitiveness.
Key Facts
- Grady County, GA had 42 utility patents granted in 2021.
- Patent activity in Grady County has grown by 15% over the past 5 years.
- The U.S. granted over 350,000 utility patents nationwide in 2021.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of utility patents granted annually by the U.S. Patent and Trademark Office for inventions originating in Grady County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents granted in a region is an important indicator of technological innovation and economic activity, which is relevant for policymakers, economic development organizations, and analysts tracking regional competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this metric to track regional innovation and competitiveness, which informs decisions around investment, infrastructure, and support for local businesses and startups.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, so there may be a 1-year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Grady County, GA (PATENTCOUNTY13131), retrieved from FRED.