This quarterly survey collects information on new businesses primarily to obtain proper industry classification for use in economic surveys conducted by the U.S. Census Bureau. This information is used to update the sampling frame for current business surveys and reduce respondent burden for the five-year Economic Census, thus ensuring high quality economic estimates. The survey samples businesses with newly assigned or reactivated Employer Identification Numbers (EINs). Selected EIN units are required to report one time only for the survey.
The number of annual responses for this request has increased to approximately 58,000 from 57,000 in the previous submission in 2018. This is due to a change in our sample design and industry coverage.
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.