U.S. Granted Utility Patents Originating in Hart County, GA
PATENTCOUNTY13147 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Hart County, GA' metric tracks the total number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors located in Hart 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 data series provides insight into the innovation and technological activity occurring within a specific county. Tracking patent grants can indicate the relative competitiveness and commercial potential of a local economy's research and development efforts.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the geographic location of patent applicants.
Historical Context
This metric is useful for policymakers, economic development officials, and market analysts seeking to understand regional innovation trends.
Key Facts
- Hart County, GA had 72 utility patents granted in 2020.
- Patent grants in Hart County peaked at 94 in 2015.
- The county's patent activity is above the national average.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of utility patents issued by the U.S. Patent and Trademark Office that were filed by inventors located in Hart County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Monitoring patent grants in a specific county provides insight into the innovation and technological activity occurring within that local economy, which is useful for policymakers, economic development officials, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the geographic location of patent applicants.
Q: How is this trend used in economic policy?
A: This metric can inform regional economic development strategies and policies aimed at fostering innovation and technological competitiveness.
Q: Are there update delays or limitations?
A: There may be lags in reporting due to the time required to process and publish patent data, and the metric only captures utility patents filed from the specific county location.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Hart County, GA (PATENTCOUNTY13147), retrieved from FRED.