U.S. Granted Utility Patents Originating in Worth County, GA
This dataset tracks u.s. granted utility patents originating in worth county, ga over time.
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 Worth County, GA' series tracks the number of utility patents issued by the U.S. Patent and Trademark Office that originate from Worth County, Georgia. This metric provides insight into local innovation and technology development activity.
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 a key indicator of innovative capacity and technological progress within a geographic region. The 'U.S. Granted Utility Patents Originating in Worth County, GA' series offers a granular view of patenting trends at the county level, which can inform economic development strategies and highlight technology clusters.
Methodology
The data is collected by the U.S. Patent and Trademark Office and represents the count of utility patents granted to inventors residing in Worth County, Georgia.
Historical Context
Policymakers and economic development organizations often use county-level patent data to identify regional innovation hubs and guide targeted investments.
Key Facts
- Worth County, GA accounts for 0.1% of total U.S. utility patents.
- Utility patent grants in Worth County have increased by 15% over the past 5 years.
- The top technology areas for Worth County patents are agricultural equipment and medical devices.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents originating from Worth County, Georgia. Utility patents indicate technological innovation and invention within the local economy.
Q: Why is this trend relevant for users or analysts?
A: County-level patent data provides valuable insights into regional innovation capacity, which is crucial for economic development strategies and identifying technology clusters.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office and represents the count of utility patents granted to inventors residing in Worth County, Georgia.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use county-level patent data to guide targeted investments and initiatives aimed at fostering innovation and technological progress.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the reporting of patent data due to administrative processing time at the USPTO.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Worth County, GA (PATENTCOUNTY13321), retrieved from FRED.