Annual Survey of U.S. Direct Investment Abroad

Forms and Documents

Document Name	Status
Form BE-11B(FN) Annual Survey of U.S. Direct Investment Abroad Form and Instruction	Modified
0608.0053.PARTB.091708.doc Supporting Statement B	2008-09-17
0608.0053.SuppStmt.091708.doc Supporting Statement A	2008-09-17
Attachment 1.doc Supplementary Document	2008-08-06

IC Document Collections

IC ID	Document Title	Status
3723	Annual Survey of U.S. Direct Investment Abroad Form and Instruction	Modified

ICR Details

OMB Control No: 0608-0053	ICR Reference No: 200808-0608-001
Status: Historical Inactive	Previous ICR Reference No: 200712-0608-001
Agency/Subagency: DOC/EASA	Agency Tracking No: 2008 BE-11
Title: Annual Survey of U.S. Direct Investment Abroad
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 11/20/2008
	Date Received in OIRA: 09/17/2008
Terms of Clearance: In accordance with 5 CFR 1320, OMB is not approving the ICR at this time. Prior to publication of the associated final rule, the agency must provide to OMB a summary of all comments related to the information collection and a summary of the changes made in response to these comments.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2010	36 Months From Approved	11/30/2010
Responses	1,550	0	1,550
Time Burden (Hours)	122,915	0	122,915
Cost Burden (Dollars)	0	0	0

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Abstract: The data collected on the BE-11 survey provide a variety of measures of the overall opertions of U.S. parent companies and their foreign affiliates. The data are needed to measure the size and economic significance of U.S. direct investment abroad, measure changes in such investment and assess it's impact on the U.S. and foreign economics.

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Authorizing Statute(s): PL: Pub.L. 94 - 472 3101-3108 Name of Law: International Investment and Trade in Services Survey Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA66	Proposed rulemaking	73 FR 52802	09/11/2008

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Annual Survey of U.S. Direct Investment Abroad	BE-11B(SF), BE-11A, BE-11B(LF), BE-11B(EZ), BE-11C, BE-11B(FN)	BE-11B(FN) ,   BE-11B(SF) ,   BE-11C ,   BE-11B(LF) ,   BE-11B(EZ) ,   BE-11A

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Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: In order to align BEA's survey program with available resources, which have declined as a result of a recent reduction in its budget, BEA proposes changes in the reporting criteria, which resulted in a program change decrease. The adjustment increase is associated with growth in the number and average size of U.S. parent companies and foreign affiliates since the previously approved survey.

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Annual Cost to Federal Government: $2,750,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 09/17/2008

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