Gütenbach, originally called Wuotenbach, was first mentioned in an official certificate in the year 1360 AD, hence, it was founded during the Late Middle Ages.

The Teichbach stream starts at the confluence of Vordertalbach and Hintertalbach creeks, and flows through the town.

After passing the Teichschlucht[3] canyon, Teichbach flows into the Wilde Gutach, at the so-called Pfaffmühle.

Nowadays, the clock industry is represented by the manufacturer Hanhart, which also makes watches and stopwatches.

The town's largest employer is the special purpose machinery manufacture Rena.