94-23277. Investment Plans Survey

[Federal Register Volume 59, Number 181 (Tuesday, September 20, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23277]


[[Page Unknown]]

[Federal Register: September 20, 1994]


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DEPARTMENT OF COMMERCE
[Docket Number 940841-4241]

 

Investment Plans Survey

AGENCY: Bureau of the Census, Commerce.

ACTION: Notice of termination and consideration.

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SUMMARY: Notice is hereby given that the Bureau of the Census is 
proposing to replace the quarterly Plant and Equipment (P&E) Survey 
with a new semiannual Investment Plans Survey (IPS). Capital 
investments by businesses are a key indicator of U.S. economic 
performance. This change would improve the quality of intrayear data on 
U.S. business investment and provide comparability between intrayear 
investment surveys and the more detailed Annual Capital Expenditures 
Survey (ACES).
    The P&E Survey was terminated after second quarter 1994 P&E results 
were released on September 8, 1994. Results for the first phase of the 
new IPS would be released in February 1995 and would include 
preliminary estimates of total 1994 expenditures for structures and 
equipment and planned 1995 spending for selected industry categories. 
Results for the second phase would be released in September 1995 and 
would include revised estimates of planned 1995 spending. The IPS 
results for future years would be released on this semiannual schedule.
    The IPS methods and content have been coordinated with those of the 
ACES and results from this new indicator survey will be fully 
consistent with results from the ACES. However, because the scope and 
detail of the new IPS are different from the present P&E Survey, IPS 
results will not be directly comparable to previously released P&E 
Survey data.

DATES: Comments concerning this proposal should be submitted in writing 
by October 20, 1994 to receive consideration.

ADDRESSES: Director, Bureau of the Census, Washington, D.C. 20233.

FOR FURTHER INFORMATION CONTACT: Charles Funk, Agriculture and 
Financial Statistics Division, Bureau of the Census, Washington, D.C. 
20233, on [phone].

SUPPLEMENTARY INFORMATION: This proposed survey was submitted to the 
Office of Management and Budget on July 18, 1994 for approval in 
accordance with the Paperwork Reduction Act, Public Law 96-511, as 
amended. This was announced in the Federal Register on July 21, 1994. 
Copies of the material submitted are made available on request to the 
Director, Bureau of the Census, Washington, D.C. 20233.

    Authority: Title 13 United States Code, Sections 131 and 182.

    Dated: September 14, 1994.

Harry A. Scarr,

Acting Director, Bureau of the Census.

[FR Doc. 94-23277 Filed 9-19-94; 8:45 am]
BILLING CODE 3510-07-P