Submission for OMB Review; Comment Request, 38037 [2012-15525]
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Federal Register / Vol. 77, No. 123 / Tuesday, June 26, 2012 / Notices
The survey also collects information by
shift, on work patterns at the actual
production level.
The FRB is the primary user of the
current QPC data and expressed the
need for these quarterly data. The FRB
publishes measures of industrial
production (IP) that are either estimated
from physical product data or estimated
from monthly data on inputs to the
production process, specifically
production worker hours and an
indicator of capital input. For many
years, data on electric power use was
used as the indicator of industry capital
input. The deregulation of electricity
markets led to the deterioration in the
coverage and quality of the electricity
data. As a result, in November 2005, the
FRB discontinued its use of the
industrial electric power data in the
current estimates of IP. In order to
maintain the quality of the IP index, the
collection of these quarterly utilization
data, such as the workweek of capital,
become critical indicators of capital
input use and industry output.
The FRB will use these data in several
ways. First, the QPC data is the primary
source of the benchmark information for
utilization rates. Second, the capital
workweek data is used as an indicator
of capital use in the estimation of
monthly output (IP). Third, the
workweek data is used to improve the
projections of labor productivity that are
used to align IP with comprehensive
benchmark information from the
Economic Census covering the
Manufacturing sector and Annual
Survey of Manufactures. Finally,
utilization rate data will assist in the
assessment of recent changes in IP, as
most of the high-frequency movement in
utilization rates reflect production
changes rather than capacity changes.
The Defense Logistics Agency uses
the data to assess readiness to meet
demand for goods under selected
national emergency scenarios.
Affected Public: Business or other forprofit.
Frequency: Quarterly.
Respondent’s Obligation: Voluntary.
Legal Authority: Title 13 U.S.C.,
Section 182.
OMB Desk Officer: Brian HarrisKojetin, (202) 395–7314.
Copies of the above information
collection proposal can be obtained by
calling or writing Jennifer Jessup,
Departmental Paperwork Clearance
Officer, (202) 482–0336, Department of
Commerce, Room 6616, 14th and
Constitution Avenue NW., Washington,
DC 20230 (or via the Internet at
jjessup@doc.gov).
Written comments and
recommendations for the proposed
VerDate Mar<15>2010
15:33 Jun 25, 2012
Jkt 226001
information collection should be sent
within 30 days of publication of this
notice to Brian Harris-Kojetin,
OMB Desk Officer either by fax (202–
395–7245) or email
(bharrisk@omb.eop.gov).
Dated: June 21, 2012.
Glenna Mickelson,
Management Analyst, Office of the Chief
Information Officer.
[FR Doc. 2012–15522 Filed 6–25–12; 8:45 am]
BILLING CODE 3510–07–P
DEPARTMENT OF COMMERCE
Submission for OMB Review;
Comment Request
The Department of Commerce will
submit 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: Advance Monthly Retail Trade
Survey.
OMB Control Number: 0607–0104.
Form Number(s): SM–44(06)A, SM–
44(06)AE, SM–44(06)AS, SM–72(06)A,
SM–44(06)FA, SM–44(06)FAE, SM–
44(06)FAS, SM–72(06)FA.
Type of Request: Extension of a
currently approved collection.
Burden Hours: 5.000.
Number of Respondents: 5,000.
Average Hours per Response: 5
minutes.
Needs and Uses: The Advance
Monthly Retail Trade Survey (MARTS)
covers employer firms with
establishments located in the United
States and classified in retail trade and/
or food services sectors as defined by
the North American Industry
Classification System (NAICS). The
MARTS was developed in response to
requests by government, business, and
other users to provide an early
indication of current retail trade activity
in the United States. MARTS also
provides an estimate of monthly sales at
food service establishments and
drinking places. Policymakers such as
the Federal Reserve Board need to have
the timeliest estimates in order to
anticipate economic trends and act
accordingly. Results from this survey
provide the earliest possible look at
consumer spending and are necessary
for the calculation of the personal
consumption expenditures component
of Gross Domestic Product (GDP).
Without the MARTS, the Census
Bureau’s earliest measure of retail sales
is the ‘‘preliminary’’ estimate from the
full monthly sample released about 40
PO 00000
Frm 00005
Fmt 4703
Sfmt 4703
38037
days after the reference month. Advance
estimates are released approximately 12
days after the reference month. We
intend to introduce a new MARTS
sample in Spring 2013.
The U.S. Census Bureau tabulates the
collected data to provide, with
measured reliability, statistics on United
States retail sales. These sales estimates,
are used by the Council of Economic
Advisers, Bureau of Economic Analysis,
Federal Reserve Board, and other
government agencies, as well as
business users in formulating economic
decisions. These estimates are
especially valued by data users because
of their timeliness. There would be
approximately a one month delay in the
availability of these statistics if this
survey were not conducted.
Affected Public: Business or other forprofit.
Frequency: Monthly.
Respondent’s Obligation: Voluntary.
Legal Authority: Title 13 U.S.C.,
Section 182.
OMB Desk Officer: Brian HarrisKojetin, (202) 395–7314.
Copies of the above information
collection proposal can be obtained by
calling or writing Jennifer Jessup,
Departmental Paperwork Clearance
Officer, (202) 482–0336, Department of
Commerce, Room 6616, 14th and
Constitution Avenue NW., Washington,
DC 20230 (or via the Internet at
jjessup@doc.gov).
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to Brian Harris-Kojetin, OMB
Desk Officer either by fax (202–395–
7245) or email (bharrisk@omb.eop.gov).
Dated: June 21, 2012.
Glenna Mickelson,
Management Analyst, Office of the Chief
Information Officer.
[FR Doc. 2012–15525 Filed 6–25–12; 8:45 am]
BILLING CODE 3510–07–P
DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[B–46–2012]
Foreign-Trade Zone 70—Detroit, MI
Application for Reorganization Under
Alternative Site Framework
An application has been submitted to
the Foreign-Trade Zones (FTZ) Board
(the Board) by the Greater Detroit
Foreign-Trade Zone, Inc., grantee of FTZ
70, requesting authority to reorganize
the zone under the alternative site
framework (ASF) adopted by the Board
E:\FR\FM\26JNN1.SGM
26JNN1
Agencies
[Federal Register Volume 77, Number 123 (Tuesday, June 26, 2012)]
[Notices]
[Page 38037]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-15525]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
Submission for OMB Review; Comment Request
The Department of Commerce will submit 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: Advance Monthly Retail Trade Survey.
OMB Control Number: 0607-0104.
Form Number(s): SM-44(06)A, SM-44(06)AE, SM-44(06)AS, SM-72(06)A,
SM-44(06)FA, SM-44(06)FAE, SM-44(06)FAS, SM-72(06)FA.
Type of Request: Extension of a currently approved collection.
Burden Hours: 5.000.
Number of Respondents: 5,000.
Average Hours per Response: 5 minutes.
Needs and Uses: The Advance Monthly Retail Trade Survey (MARTS)
covers employer firms with establishments located in the United States
and classified in retail trade and/or food services sectors as defined
by the North American Industry Classification System (NAICS). The MARTS
was developed in response to requests by government, business, and
other users to provide an early indication of current retail trade
activity in the United States. MARTS also provides an estimate of
monthly sales at food service establishments and drinking places.
Policymakers such as the Federal Reserve Board need to have the
timeliest estimates in order to anticipate economic trends and act
accordingly. Results from this survey provide the earliest possible
look at consumer spending and are necessary for the calculation of the
personal consumption expenditures component of Gross Domestic Product
(GDP). Without the MARTS, the Census Bureau's earliest measure of
retail sales is the ``preliminary'' estimate from the full monthly
sample released about 40 days after the reference month. Advance
estimates are released approximately 12 days after the reference month.
We intend to introduce a new MARTS sample in Spring 2013.
The U.S. Census Bureau tabulates the collected data to provide,
with measured reliability, statistics on United States retail sales.
These sales estimates, are used by the Council of Economic Advisers,
Bureau of Economic Analysis, Federal Reserve Board, and other
government agencies, as well as business users in formulating economic
decisions. These estimates are especially valued by data users because
of their timeliness. There would be approximately a one month delay in
the availability of these statistics if this survey were not conducted.
Affected Public: Business or other for-profit.
Frequency: Monthly.
Respondent's Obligation: Voluntary.
Legal Authority: Title 13 U.S.C., Section 182.
OMB Desk Officer: Brian Harris-Kojetin, (202) 395-7314.
Copies of the above information collection proposal can be obtained
by calling or writing Jennifer Jessup, Departmental Paperwork Clearance
Officer, (202) 482-0336, Department of Commerce, Room 6616, 14th and
Constitution Avenue NW., Washington, DC 20230 (or via the Internet at
jjessup@doc.gov).
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to Brian Harris-Kojetin, OMB Desk Officer either by fax (202-395-7245)
or email (bharrisk@omb.eop.gov).
Dated: June 21, 2012.
Glenna Mickelson,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2012-15525 Filed 6-25-12; 8:45 am]
BILLING CODE 3510-07-P