U.S. Granted Utility Patents Originating in Oconee County, SC
PATENTCOUNTY45073 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
-40.00%
Date Range
1/1/2000 - 1/1/2015
Summary
The 'U.S. Granted Utility Patents Originating in Oconee County, SC' trend measures the number of utility patents granted by the U.S. Patent and Trademark Office that originate from Oconee County, South Carolina. This metric provides insight into innovation and technological activity 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 granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter, or a new and useful improvement thereof. The number of utility patents originating in Oconee County, SC is an indicator of local innovation and technological development that can be tracked over time.
Methodology
The data is collected and reported by the U.S. Patent and Trademark Office.
Historical Context
This trend is used by economists, policymakers, and regional development analysts to understand patterns of innovation and technological progress in Oconee County, SC.
Key Facts
- Oconee County, SC is home to over 75,000 residents.
- The county has a strong manufacturing and engineering industry base.
- In 2021, 124 utility patents originated from Oconee County.
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 Oconee County, South Carolina.
Q: Why is this trend relevant for users or analysts?
A: The number of utility patents originating in a region is an indicator of local innovation and technological development, which is relevant for economists, policymakers, and regional analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Patent and Trademark Office.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and regional development analysts to understand patterns of innovation and technological progress in Oconee County, SC.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all patents granted in the most recent period.
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Citation
U.S. Federal Reserve, U.S. Granted Utility Patents Originating in Oconee County, SC (PATENTCOUNTY45073), retrieved from FRED.