The quarterly component of this survey provides the essential data for a Principle Economic Indicator. However, the recent evaluation of this series under Statistical Policy Directive No. 3 continues to show poor quarterly performance. Further, the research program proposed by the Census Bureau does not give adequate attention to improving performance of the quarterly series. A more effective research plan designed explicitly to improve quarterly performance should be developed as soon as possible. To assure continuity of the quarterly series and allow a grace period for developing a new researc plan, the revised quarterly forms (PE-1, PE-2, PE-3 and PE-4 series only) are approved for use through January, 1991, provided that the Census Bureau will submit an integrated research plan covering both quarterly and annual components of the program on or before September 28, 1990. The pollution abatement supplement will be disposed separately as a revision to the existing pollution abatement cost survey (OMB #0607-0176).
Inventory as of this Action
Requested
Previously Approved
01/31/1991
01/31/1991
02/28/1990
29,600
0
39,000
17,675
0
34,300
0
0
0
SECURE INFORMATION ON CAPITAL EXPENDITURES AND INVESTMENT PLANS FOR U.S. NONFARM BUSINESS. ESTIMATES FROM SURVEYS ARE WIDELY RECOGNIZED AS ONE OF THE MOST IMPORTANT ECONOMIC INDICATORS. ONLY OFFICIAL ESTIMATES OF INVESTMENT PLANS AND QUARTERLY INVESTMENT BY INDUSTRY.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.