No material or nonsubstantive change to a currently approved collection
No
Regular
Approved without change
08/06/2004
08/06/2004
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
05/31/2005
05/31/2005
05/31/2005
1,266,340
0
1,266,340
390,680
0
390,680
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.