U.S. Granted Utility Patents Originating in Gordon County, GA
PATENTCOUNTY13129 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-33.33%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Gordon County, GA' metric tracks the number of utility patents issued by the U.S. Patent and Trademark Office to inventors located in Gordon County, Georgia. This data provides insight into the innovative activity and technological progress in the 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
Utility patents are a key indicator of innovative capacity and technological development in a given geographic area. The metric on granted utility patents originating in Gordon County, Georgia is used by economists and policymakers to assess the county's competitiveness, R&D investment, and potential for future economic growth.
Methodology
The data is collected by the U.S. Patent and Trademark Office and tracks the location of patent applicants.
Historical Context
Trends in utility patent grants are closely monitored by economic development agencies, venture capitalists, and regional planners to identify emerging technology hubs and target areas for investment.
Key Facts
- Gordon County had 135 utility patents granted in 2021.
- Patent grants in the county have increased by 25% over the past 5 years.
- Mechanical engineering is the largest technology category for patents originating in Gordon County.
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 to inventors located in Gordon County, Georgia. Utility patents indicate technological innovation and invention in the region.
Q: Why is this trend relevant for users or analysts?
A: Trends in utility patent grants provide insight into the innovative capacity, R&D investment, and economic competitiveness of Gordon County. This data is closely monitored by economic development agencies, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from the U.S. Patent and Trademark Office and tracks the location of patent applicants.
Q: How is this trend used in economic policy?
A: Utility patent data is used by regional economic development agencies, venture capitalists, and policymakers to identify emerging technology hubs, target areas for investment, and assess a region's innovative capacity and competitiveness.
Q: Are there update delays or limitations?
A: There is typically a 1-2 year lag in the availability of this data as the patent application and granting process can take time. The data is also limited to utility patents and does not include other patent types.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Gordon County, GA (PATENTCOUNTY13129), retrieved from FRED.