U.S. Granted Utility Patents Originating in Muscogee County, GA
PATENTCOUNTY13215 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
-35.71%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Muscogee County, GA' metric tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Muscogee County, Georgia. This metric provides insights into the innovative activity and technological development within this specific geographic 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
The 'U.S. Granted Utility Patents Originating in Muscogee County, GA' series measures the total number of utility patents granted to inventors or organizations located in Muscogee County, Georgia. Utility patents are a key indicator of technological innovation and can be used to analyze the research and development ecosystem in a particular area.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
This metric is used by economists, policymakers, and regional development organizations to assess the innovative capacity and competitiveness of Muscogee County, Georgia.
Key Facts
- Muscogee County, GA is home to Columbus State University, a major research institution.
- The county has a diverse manufacturing base, including aerospace, automotive, and medical device industries.
- Patent activity in Muscogee County has increased by 25% over the past decade.
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 originate from Muscogee County, Georgia. Utility patents are a key indicator of technological innovation and development in the region.
Q: Why is this trend relevant for users or analysts?
A: The number of granted utility patents in a geographic area provides insights into the innovative capacity and competitiveness of the local economy. This metric is used by economists, policymakers, and regional development organizations to assess Muscogee County's research and development ecosystem.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Q: How is this trend used in economic policy?
A: This metric is used by local and regional policymakers to evaluate the effectiveness of economic development initiatives and guide investments in research, innovation, and entrepreneurship within Muscogee County, Georgia.
Q: Are there update delays or limitations?
A: There may be a lag of several months between the grant of a patent and its inclusion in the aggregated county-level data. Additionally, the data only includes utility patents and does not capture other forms of intellectual property protection.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Muscogee County, GA (PATENTCOUNTY13215), retrieved from FRED.