The Annual Capital Expenditures Survey (ACES) is the sole source of detailed comprehensive statistics on actual business spending for non-farm, non-governmental companies, organizations, and associations operating in the United States. Government agencies use the data to improve economic indicators, evaluate productivity and industrial capacity measures, and analyze economic performance.
We estimate approximately 29,653 more burden hours will be needed. The increase is primarily due to collecting detailed capital expenditures by type of structure and type of equipment during this information collection request for the 2022 ACES.
The collection of information related to the coronavirus pandemic, capital expenditures for robotic equipment by industry and presence of robotic equipment by industry beginning with the 2020 survey will result in a slight increase in burden hours compared to the previous years.
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.