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.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
11/30/2010
36 Months From Approved
11/30/2010
1,550
0
1,550
122,915
0
122,915
0
0
0
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.
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.
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.
Form BE-11A BE-11A
0608.0053.PARTB.091708.doc
Annual Survey of U.S. Direct Investment Abroad