Approval for this information collection request is extended for an additional three years. OMB is pleased with BLS' effort to expand electronic submission options & encourages BLS to continue to work to resolve security issues to ensure the safety of all confidential information.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
05/31/2005
05/31/2005
05/31/2002
1,266,340
0
1,266,342
390,680
0
390,684
0
0
0
The Producer Price Index, one of the Nation's leading economic indicators, is used as a measure of price movement, as an indicator of inflationary trends, for inventory valuation, and as a measure of purchasing power of the dollar at the primary market level. It is also used for market and economic research and as a basic for escalation in long-term contracts and purchase agreements.
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.