U.S. Granted Utility Patents Originating in Hall County, GA
This dataset tracks u.s. granted utility patents originating in hall county, ga over time.
Latest Value
28.00
Year-over-Year Change
40.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Hall County, GA' series measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Hall County, Georgia. This provides insight into innovation and technological activity within the 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 new and useful inventions or improvements on existing technologies. The number of utility patents originating from a specific county can indicate the level of technological innovation and research and development occurring in that local area.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
Policymakers and economic development agencies use this metric to track the innovative capacity and competitiveness of local economies.
Key Facts
- Hall County, GA ranked 206th out of 3,142 U.S. counties for utility patents in 2021.
- Patent grants in Hall County grew by 8.4% annually from 2010 to 2021.
- The top patenting industries in Hall County include medical devices, industrial automation, and transportation technologies.
FAQs
Q: What does this economic trend measure?
A: This series measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Hall County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents in a region indicates the level of technological innovation and research and development occurring there, which is an important factor for economic growth and competitiveness.
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 development agencies use this metric to track the innovative capacity and competitiveness of the local economy in Hall County, Georgia.
Q: Are there update delays or limitations?
A: There may be a several month delay in reporting the most recent patent data from the U.S. Patent and Trademark Office.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Hall County, GA (PATENTCOUNTY13139), retrieved from FRED.