94-17787. Agency Form Under Review by the Office of Management and Budget

[Federal Register Volume 59, Number 139 (Thursday, July 21, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-17787]


[[Page Unknown]]

[Federal Register: July 21, 1994]


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DEPARTMENT OF COMMERCE

 

Agency Form Under Review by the Office of Management and Budget

    DOC has submitted to the Office of Management and Budget (OMB) for 
clearance the following proposal for collection of information under 
the provisions of the Paperwork Reduction Act (44 U.S.C. chapter 35).
    Agency: Bureau of the Census.
    Title: Investment Plans Survey (Formerly Plant and Equipment 
Expenditures Survey).
    Form Number(s): IP-1, IP-2.
    Agency Approval Number: 0607-0641.
    Type of Request: Revision of a currently approved collection.
    Burden: 44,000 hours.
    Number of Respondents: 30,000.
    Avg Hours Per Response: 42 minutes.
    Needs and Uses: The Bureau of the Census proposes to replace the 
Plant and Equipment Expenditures Survey (P&E) with a new economic 
indicator survey called the Investment Plans Survey (IPS) which will 
have close connection to the Annual Capital Expenditures Survey (ACES) 
(OMB approval number 0607-0782). The reasons for replacing the P&E are: 
1) to improve the quality of the economic indicator of investment 
plans, 2) to improve consistency and definition of investment data, and 
3) to simplify respondent reporting. The IPS will provide an early 
estimate of investment in structures and equipment for the year ending 
and an indicator of planned investment for the upcoming year. The 
Federal Reserve Board, the Council of Economic Advisors, and the Bureau 
of Economic Analysis are among the principal data users. We plan to 
replace the P&E with this new survey beginning in November 1994. At 
that time we will collect actual expenditure data for 1994 and planned 
spending for 1995.
    Affected Public: Businesses or other for-profit organizations and 
non-profit institutions.
    Frequency: Semi-annually.
    Respondent's Obligation: Voluntary.
    OMB Desk Officer: Maria Gonzalez, [phone].
    Copies of the above information collection proposal can be obtained 
by calling or writing Gerald Tache, DOC Forms Clearance Officer, (202) 
482-3271, Department of Commerce, room 5312, 14th and Constitution 
Avenue, NW, Washington, DC 20230.
    Written comments and recommendations for the proposed information 
collection should be sent to Maria Gonzalez, OMB Desk Officer, room 
3208, New Executive Office Building, Washington, DC 20503.

    Dated: July 18, 1994.
Gerald Tache,
Departmental Forms Clearance Officer, Office of Management and 
Organization.
[FR Doc. 94-17787 Filed 7-20-94; 8:45 am]
BILLING CODE 3510-07-F