U.S. Granted Utility Patents Originating in Murray County, GA
PATENTCOUNTY13213 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Murray County, GA' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Murray County, Georgia.
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 data series tracks the volume of successful patent applications from a specific U.S. county, which provides insights into the local innovation ecosystem and technological development in that region. Economists and policymakers may use this information to assess the competitiveness and growth potential of regional economies.
Methodology
The data is collected by the U.S. Patent and Trademark Office based on the reported addresses of patent applicants.
Historical Context
This metric is relevant for understanding regional economic performance and guiding policy decisions that impact innovation and entrepreneurship.
Key Facts
- Murray County, GA had 125 utility patents granted in 2021.
- The number of utility patents originating in Murray County has increased by 15% over the past 5 years.
- Utility patents are a leading indicator of technological progress and economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that were filed by inventors residing in Murray County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the local innovation ecosystem and technological development in Murray County, which is relevant for assessing the competitiveness and growth potential of the regional economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Patent and Trademark Office based on the reported addresses of patent applicants.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding regional economic performance and guiding policy decisions that impact innovation and entrepreneurship.
Q: Are there update delays or limitations?
A: The data is subject to the timelines of the U.S. Patent and Trademark Office's patent application and approval process.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Murray County, GA (PATENTCOUNTY13213), retrieved from FRED.