Submission for OMB Review; Comment Request, 13959 [E6-3946]

Download as PDF Federal Register / Vol. 71, No. 53 / Monday, March 20, 2006 / Notices DEPARTMENT OF COMMERCE wwhite on PROD1PC61 with NOTICES Submission for OMB Review; Comment Request 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: U.S. Census Bureau. Title: Manufacturers’ Shipments, Inventories, and Orders Survey (M3). Form Number(s): M–3(SD). Agency Approval Number: 0607– 0008. Type of Request: Extension of a currently approved collection. Burden: 16,800 hours. Number of Respondents: 4,200. Avg Hours Per Response: 20 minutes. Needs and Uses: The U.S. Census Bureau is requesting an extension of the currently approved collection for the Manufacturers’ Shipments, Inventories, and Orders (M3) survey. This survey collects monthly data from domestic manufacturers on Form M–3 (SD), which is mailed at the end of each month. Data requested are shipments, new orders, unfilled orders, total inventory, materials and supplies, workin-process, and finished goods. It is currently the only survey that provides broad-based monthly statistical data on the economic conditions in the domestic manufacturing sector. It is designed to measure current industrial activity and to provide an indication of future production commitments. The value of shipments measures the value of goods delivered during the month by domestic manufacturers. Estimates of new orders serve as an indicator of future production commitments and represent the current sales value of new orders received during the month, net of cancellations. Substantial accumulation or depletion of backlogs of unfilled orders measures excess (or deficient) demand for manufactured products. The level of inventories, especially in relation to shipments, is frequently used to monitor the business cycle. This survey provides an essential component of the current economic indicators needed for assessing the evolving status of the economy and formulating economic policy. The Office of Information and Regulatory Affairs, Office of Management and Budget (OMB) has designated this survey as a principal Federal economic indicator. The shipments and inventory data are essential inputs to the gross domestic product (GDP), while the orders data are direct inputs to the leading economic indicator series. The GDP and the VerDate Aug<31>2005 20:35 Mar 17, 2006 Jkt 208001 economic indicator series would be incomplete without these data. The survey also provides valuable and timely domestic manufacturing data for economic planning and analysis to business firms, trade associations, research and consulting agencies, and academia. The data are used for analyzing shortand long-term trends, both in the manufacturing sector and as related to other sectors of the economy. The data on value of shipments, especially when adjusted for change in inventory, measure current levels of production. New orders figures serve as an indicator of future production commitments. Changes in the level of unfilled orders, because of excess or shortfall of new orders compared with shipments, are used to measure the excess (or deficiency) in the demand for manufactured products. Changes in the level of inventories and the relation of these to shipments are used to project future movements in manufacturing activity. These statistics are valuable for analysts of business cycle conditions including members of the Council of Economic Advisers (CEA), the Bureau of Economic Analysis (BEA), the Federal Reserve Board (FRB), the Department of the Treasury, business firms, trade associations, private research and consulting agencies, and the academic community. Affected Public: Business or other forprofit. Frequency: Monthly. Respondent’s Obligation: Voluntary. Legal Authority: Title 13 U.S.C., Sections 131 & 182. OMB Desk Officer: Susan Schechter, (202) 395–5103. Copies of the above information collection proposal can be obtained by calling or writing Diana Hynek, Departmental Paperwork Clearance Officer, (202) 482–0266, Department of Commerce, room 6625, 14th and Constitution Avenue, NW., Washington, DC 20230 (or via the Internet at dhynek@doc.gov). Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to Susan Schechter, OMB Desk Officer either by fax (202–395–7245) or e-mail (susan_schechter@omb.eop.gov). Dated: March 14, 2006. Madeleine Clayton, Management Analyst, Office of the Chief Information Officer. [FR Doc. E6–3946 Filed 3–17–06; 8:45 am] BILLING CODE 3510–07–P PO 00000 Frm 00016 Fmt 4703 Sfmt 4703 13959 DEPARTMENT OF COMMERCE Bureau of Economic Analysis Quarterly Survey of Transactions Between U.S. and Unaffiliated Foreign Persons in Selected Services and in Intangible Assets ACTION: Proposed collection; comment request. SUMMARY: The Department of Commerce, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). DATES: Written comments must be submitted on or before 5 p.m. May 19, 2006. ADDRESSES: Direct all written comments to Diane Hynek, Departmental Paperwork Clearance Officer, Department of Commerce, Room 6625, 14th and Constitution Avenue, NW., Washington, DC 20230, or via the Internet at dhynek@doc.gov, ((202) 482– 0266). FOR FURTHER INFORMATION CONTACT: Direct requests for additional information or copies of the survey and instructions to Christopher Emond, Chief, Special Surveys Branch, International Investment Division, (BE– 50), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230; phone: (202) 606–9826; fax: (202) 606–5318; or via the Internet at christopher.emond@bea.gov, ((202) 482– 0266). SUPPLEMENTARY INFORMATION: I. Abstract Form BE–25, Quarterly Survey of Transactions Between U.S. and Unaffiliated Foreign Persons in Selected Services and in Intangible Assets, obtains quarterly data from companies that have receipts from or payments to unaffiliated foreign persons in any of the types of transactions covered by the survey. The data are needed to monitor trade in services and in intangible assets, analyze its impact on the U.S. and foreign economies, compile and improve the U.S. economic accounts, support U.S. commercial policy on services and intangible assets, conduct trade promotion, and improve the ability of U.S. businesses to identify and evaluate market opportunities. The data from the survey are primarily intended as general purpose statistics. They are needed to answer E:\FR\FM\20MRN1.SGM 20MRN1

Agencies

[Federal Register Volume 71, Number 53 (Monday, March 20, 2006)]
[Notices]
[Page 13959]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-3946]



[[Page 13959]]

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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    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: U.S. Census Bureau.
    Title: Manufacturers' Shipments, Inventories, and Orders Survey 
(M3).
    Form Number(s): M-3(SD).
    Agency Approval Number: 0607-0008.
    Type of Request: Extension of a currently approved collection.
    Burden: 16,800 hours.
    Number of Respondents: 4,200.
    Avg Hours Per Response: 20 minutes.
    Needs and Uses: The U.S. Census Bureau is requesting an extension 
of the currently approved collection for the Manufacturers' Shipments, 
Inventories, and Orders (M3) survey. This survey collects monthly data 
from domestic manufacturers on Form M-3 (SD), which is mailed at the 
end of each month. Data requested are shipments, new orders, unfilled 
orders, total inventory, materials and supplies, work-in-process, and 
finished goods. It is currently the only survey that provides broad-
based monthly statistical data on the economic conditions in the 
domestic manufacturing sector. It is designed to measure current 
industrial activity and to provide an indication of future production 
commitments. The value of shipments measures the value of goods 
delivered during the month by domestic manufacturers. Estimates of new 
orders serve as an indicator of future production commitments and 
represent the current sales value of new orders received during the 
month, net of cancellations. Substantial accumulation or depletion of 
backlogs of unfilled orders measures excess (or deficient) demand for 
manufactured products. The level of inventories, especially in relation 
to shipments, is frequently used to monitor the business cycle.
    This survey provides an essential component of the current economic 
indicators needed for assessing the evolving status of the economy and 
formulating economic policy. The Office of Information and Regulatory 
Affairs, Office of Management and Budget (OMB) has designated this 
survey as a principal Federal economic indicator. The shipments and 
inventory data are essential inputs to the gross domestic product 
(GDP), while the orders data are direct inputs to the leading economic 
indicator series. The GDP and the economic indicator series would be 
incomplete without these data. The survey also provides valuable and 
timely domestic manufacturing data for economic planning and analysis 
to business firms, trade associations, research and consulting 
agencies, and academia.
    The data are used for analyzing short- and long-term trends, both 
in the manufacturing sector and as related to other sectors of the 
economy. The data on value of shipments, especially when adjusted for 
change in inventory, measure current levels of production. New orders 
figures serve as an indicator of future production commitments. Changes 
in the level of unfilled orders, because of excess or shortfall of new 
orders compared with shipments, are used to measure the excess (or 
deficiency) in the demand for manufactured products. Changes in the 
level of inventories and the relation of these to shipments are used to 
project future movements in manufacturing activity. These statistics 
are valuable for analysts of business cycle conditions including 
members of the Council of Economic Advisers (CEA), the Bureau of 
Economic Analysis (BEA), the Federal Reserve Board (FRB), the 
Department of the Treasury, business firms, trade associations, private 
research and consulting agencies, and the academic community.
    Affected Public: Business or other for-profit.
    Frequency: Monthly.
    Respondent's Obligation: Voluntary.
    Legal Authority: Title 13 U.S.C., Sections 131 & 182.
    OMB Desk Officer: Susan Schechter, (202) 395-5103.
    Copies of the above information collection proposal can be obtained 
by calling or writing Diana Hynek, Departmental Paperwork Clearance 
Officer, (202) 482-0266, Department of Commerce, room 6625, 14th and 
Constitution Avenue, NW., Washington, DC 20230 (or via the Internet at 
dhynek@doc.gov).
    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to Susan Schechter, OMB Desk Officer either by fax (202-395-7245) or e-
mail (susan_schechter@omb.eop.gov).

    Dated: March 14, 2006.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. E6-3946 Filed 3-17-06; 8:45 am]
BILLING CODE 3510-07-P
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