Approved consistent with the understanding that the Census Bureau will provide periodic updates to OMB on the status and results of this coordinated collection pilot and will continue coordinating with OMB on the broader initiative at the Census Bureau to improve the efficiency and effectiveness of its Economic Surveys and Censuses.
Inventory as of this Action
Requested
Previously Approved
12/31/2021
12/31/2021
12/31/2021
91,401
0
91,401
139,889
0
139,889
0
0
0
The survey produces estimates of revenue and expenses, and for selected industries: products, inventories, and revenue from exported services. Data is collected from businesses or other for-profit organizations, not-for-profit institutions, and government hospitals in the United States. These data are needed for national income accounting, productivity, and price measurement. The data also provides a sound statistical basis for the formation of policy by various governmental agencies. The program addresses the highest priority needs of multiple Federal agencies and private users.
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.