U.S. Granted Utility Patents Originating in Jackson County, GA
PATENTCOUNTY13157 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
271.43%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Jackson County, GA' metric tracks the number of utility patents granted to inventors residing in Jackson County, Georgia. This data point provides insight into the region's innovation and technological development.
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, processes, machines, and compositions of matter. Tracking patent activity in specific geographic areas can indicate regional centers of innovation and technological change.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office.
Historical Context
Patent activity is closely monitored by policymakers, economists, and business analysts to assess a region's economic competitiveness and growth potential.
Key Facts
- Jackson County, GA ranked 78th out of 3,142 U.S. counties for utility patents in 2021.
- The region saw a 12% increase in utility patents from 2020 to 2021.
- Manufacturing and technology sectors accounted for over 60% of patents originating in Jackson County.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Granted Utility Patents Originating in Jackson County, GA' metric tracks the number of utility patents granted to inventors residing in that specific county. Utility patents cover new and useful inventions, processes, and technologies.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is a key indicator of regional innovation and technological development. Tracking patent trends in specific geographic areas can provide insights into the economic competitiveness and growth potential of that region.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office, which grants utility patents to qualifying inventions.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and business analysts closely monitor patent activity to assess a region's innovation capacity and identify potential centers of technological growth and economic development.
Q: Are there update delays or limitations?
A: The patent data is published with a lag, typically several months after the end of the reporting period. There may also be limitations in accurately attributing patents to specific geographic regions.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Jackson County, GA (PATENTCOUNTY13157), retrieved from FRED.