U.S. Granted Utility Patents Originating in Abbeville County, SC
PATENTCOUNTY45001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Abbeville County, SC' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that have origins in Abbeville County, South Carolina.
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 provides insight into the innovative capacity and intellectual property generation within Abbeville County. It serves as a useful metric for policymakers and analysts to assess the county's technology and research and development landscape.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
Trends in utility patent grants can inform regional economic development strategies and technology investment decisions.
Key Facts
- Abbeville County is located in the Upstate region of South Carolina.
- The county has a population of around 24,000 as of the latest census.
- Utility patents protect the functional aspects of inventions and new technologies.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Abbeville County, South Carolina.
Q: Why is this trend relevant for users or analysts?
A: Trends in utility patent grants provide insight into the innovation and technological capacity of Abbeville County, which can inform regional economic development strategies and technology investment decisions.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and aggregated by county of origin.
Q: How is this trend used in economic policy?
A: Policymakers and analysts can use this metric to assess the innovation landscape in Abbeville County and make informed decisions about technology-driven economic development initiatives.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data, as it takes time for the U.S. Patent and Trademark Office to process and aggregate the information by county.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Abbeville County, SC (PATENTCOUNTY45001), retrieved from FRED.