U.S. Granted Utility Patents Originating in Irwin County, GA
PATENTCOUNTY13155 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Irwin County, GA' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors located in Irwin County, Georgia. This data is a key indicator of regional innovation and technological progress.
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 represents the volume of successful utility patent applications originating from Irwin County, Georgia. Utility patents are a primary measure of inventive activity and new product development within a geographic area, providing insights into the innovation ecosystem.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the reported location of the patent applicant.
Historical Context
Policymakers and economic development organizations often use this metric to evaluate the competitiveness and technological capabilities of local communities.
Key Facts
- Irwin County, GA is a rural county in southern Georgia.
- Utility patents represent innovations that are new, useful, and non-obvious.
- Patent activity is often used as a proxy for technological competitiveness.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office to inventors located in Irwin County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Utility patents are a key indicator of innovative activity and technological progress within a geographic region, providing insights into the local innovation ecosystem.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the reported location of the patent applicant.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations often use this metric to evaluate the competitiveness and technological capabilities of local communities.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags due to the time required for patent applications to be processed and granted.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Irwin County, GA (PATENTCOUNTY13155), retrieved from FRED.