U.S. Granted Utility Patents Originating in Lumpkin County, GA
PATENTCOUNTY13187 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Lumpkin County, GA' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Lumpkin County, Georgia. This provides insight into regional 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
This economic indicator measures the volume of new utility patent grants originating from a specific county, which can signal the level of innovation and technological activity in that local economy. Policymakers and economic development organizations often use this data to analyze regional competitiveness and target areas for investment.
Methodology
The data is collected and published by the U.S. Patent and Trademark Office based on the listed residence of each patent applicant.
Historical Context
Utility patent counts are a leading indicator of technological change and can inform decisions around workforce development, infrastructure, and business attraction in Lumpkin County.
Key Facts
- Lumpkin County, GA is home to over 31,000 residents.
- In 2021, 25 utility patents were granted to inventors in Lumpkin County.
- The top technology areas for Lumpkin County patents are medical devices and computer software.
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 that were filed by inventors residing in Lumpkin County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Patent counts are a leading indicator of technological innovation and economic competitiveness at the regional level, which is useful for policymakers and economic development organizations.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Patent and Trademark Office based on the listed residence of each patent applicant.
Q: How is this trend used in economic policy?
A: Utility patent counts can inform decisions around workforce development, infrastructure, and business attraction strategies in Lumpkin County and similar regional economies.
Q: Are there update delays or limitations?
A: There may be a 1-2 year lag in the availability of 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 Lumpkin County, GA (PATENTCOUNTY13187), retrieved from FRED.