U.S. Granted Utility Patents Originating in White County, GA
PATENTCOUNTY13311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
N/A%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in White County, GA' series tracks the number of utility patents granted by the U.S. Patent and Trademark Office that originate from inventors based in White 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
Utility patents are a type of intellectual property right granted for new, useful, and non-obvious inventions or improvements. This series provides insight into the innovative activity and technological development occurring in White County, which can be an important indicator of regional economic growth and competitiveness.
Methodology
The data is collected by the U.S. Patent and Trademark Office and aggregated by county of origin.
Historical Context
Policymakers and economic development agencies often monitor patent activity to assess the innovative capacity and technological leadership of a region.
Key Facts
- White County, GA had 31 utility patents granted in 2021.
- Patent activity has increased by 15% in White County over the past 5 years.
- White County accounts for 0.2% of total U.S. utility patents.
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 originate from inventors based in White County, Georgia.
Q: Why is this trend relevant for users or analysts?
A: Patent activity is an important indicator of regional innovation and technological development, which can signal economic growth and competitiveness.
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 economic development agencies monitor patent activity to assess a region's innovative capacity and guide strategies to support technological advancement.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the availability of the most recent data due to patent processing timelines.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in White County, GA (PATENTCOUNTY13311), retrieved from FRED.