U.S. Granted Utility Patents Originating in Butts County, GA
PATENTCOUNTY13035 • Economic Data from Federal Reserve Economic Data (FRED)
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 Butts County, GA' trend measures the number of utility patents granted annually by the U.S. Patent and Trademark Office (USPTO) to inventors located in Butts County, Georgia. This metric is a key indicator of innovative activity and technological advancement within the county.
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 type of patent granted for the invention of a new and useful process, machine, manufacture, or composition of matter. Tracking patent grants by county provides insights into regional variations in innovation and economic competitiveness.
Methodology
The data is collected by the USPTO through the patent application and approval process.
Historical Context
Policymakers and economic development agencies use this data to assess a region's technological capabilities and attract investment.
Key Facts
- Butts County, GA had 15 utility patents granted in 2021.
- The number of utility patents originating in Butts County has increased by 25% over the past 5 years.
- Georgia ranks 15th among U.S. states for total utility patents granted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted annually by the U.S. Patent and Trademark Office (USPTO) to inventors located in Butts County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Tracking patent grants by county provides insights into regional variations in innovation and technological advancement, which are key indicators of economic competitiveness and development.
Q: How is this data collected or calculated?
A: The data is collected by the USPTO through the patent application and approval process.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this data to assess a region's technological capabilities and attract investment.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay due to the patent application and approval process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Butts County, GA (PATENTCOUNTY13035), retrieved from FRED.