U.S. Granted Utility Patents Originating in Gwinnett County, GA
PATENTCOUNTY13135 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
400.00
Year-over-Year Change
48.15%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Gwinnett County, GA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors based in Gwinnett 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 metric serves as an indicator of technological innovation and entrepreneurial activity within the Gwinnett County region. It provides insights into the local ecosystem for research, development, and commercialization of new inventions.
Methodology
The data is collected directly from patent filings and grants processed by the U.S. Patent and Trademark Office.
Historical Context
This series is used by policymakers, economic development agencies, and researchers to monitor the innovative capacity and competitiveness of the Gwinnett County economy.
Key Facts
- Gwinnett County is the second-most populous county in Georgia.
- The county is a hub for technology, healthcare, and logistics companies.
- Patent activity in Gwinnett County has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originated from inventors based in Gwinnett County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the local ecosystem for research, development, and commercialization of new inventions, which is an important indicator of technological innovation and entrepreneurial activity in the Gwinnett County region.
Q: How is this data collected or calculated?
A: The data is collected directly from patent filings and grants processed by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This series is used by policymakers, economic development agencies, and researchers to monitor the innovative capacity and competitiveness of the Gwinnett County economy.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months to allow for processing of patent applications.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Gwinnett County, GA (PATENTCOUNTY13135), retrieved from FRED.