Producer Price Index Survey

ICR 201101-1220-004

OMB: 1220-0008

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Unchanged
Form
Unchanged
Justification for No Material/Nonsubstantive Change
2011-01-19
Supporting Statement A
2008-04-09
Supporting Statement B
2008-04-09
Supplementary Document
2008-01-24
Supplementary Document
2008-01-24
ICR Details
1220-0008 201101-1220-004
Historical Active 200801-1220-003
DOL/BLS
Producer Price Index Survey
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 02/16/2011
Retrieve Notice of Action (NOA) 02/03/2011
  Inventory as of this Action Requested Previously Approved
06/30/2011 06/30/2011 06/30/2011
1,266,400 0 1,266,400
390,800 0 390,800
0 0 0

The Producer Price Index, one of the Nation's leading economic indicators, is used as a measure of price movements, 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 also is used for market and economic research and as a basis for escalation in long-term contracts and purchase agreements. The purpose of the PPI collection is to accumulate data for the ongoing monthly publication of the PPI family of indexes.

US Code: 29 USC 2 Name of Law: Title 29, Section 2
  
None

Not associated with rulemaking

  73 FR 15 01/23/2008
73 FR 22975 04/28/2008
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,266,400 1,266,400 0 0 0 0
Annual Time Burden (Hours) 390,800 390,800 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The slight decrease in overall reporting burden of 976 is due to recent PPI resource reallocations, attempted annual initiations have decreased.

$41,035,000
Yes Part B of Supporting Statement
No
No
No
No
Uncollected
David Friedman 202 691-6307 [email protected]

  No

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.
02/03/2011


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