Nonsubstantive Change (Capital Expenditures by type of structure)

Annual Capital Expenditures Survey

OMB Clearance Number 0607-0782

Approval Date 2/9/2011 covering FY11- FY13

Nonsubstantive Change for FY2013 - Form ACE-1(S), ACE-1(M), ACE-1(L)

The Bureau of Economic Analysis (BEA) has requested that the Annual Capital Expenditures Survey (ACES) collect capital expenditures by type of structure and type of equipment from employer companies for the 2012 ACES (FY13) rather than the 2013 ACES (FY14) to align with the years in which the Economic Census is conducted. This change only applies to the ACE-1 employer forms and does not affect the ACE-2 nonemployer forms.

Capital expenditures by type of structure and type of equipment were last collected from employer companies in the 2008 ACES. These data, collected once every five years, will now be collected in the 2012 ACES (conducted in FY13), and every five years thereafter. These data are critical to ensuring the appropriateness of capital expenditures statistics in years detailed data on types of structures and equipment are not collected. These detailed structures data will provide a 5-year benchmark for estimates of new construction put in place. These detailed equipment data will provide a periodic measure of expenditures by type of equipment and assist in evaluating BEA’s estimates of the private equipment and software components of nonresidential fixed investment.

Mailout: March 2013

FY2013 BURDEN RESPONSES HOURS

Current 77,250 153,300

New 77,250 227,400

Difference + 74,100

Estimated Time per Response: Average 2.94 hours

Estimated Total Annual Burden Hours: Change from 153,300 to 227,400

Due to the addition of structure and equipment detail by type collected from

employer companies for the 2012 ACES, the estimate of total respondent burden

hours for fiscal year 2013 is 217,800 hours. This estimate was derived as follows:

Survey Hours per Burden

Forms Response Hours

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FY 2013:

26,900 Form ACE-1(S) 3.0 ¹ 80,700

19,700 Form ACE-1(M) 5.0 ¹ 98,500

650 Form ACE-1(L) 28.0 ¹ 18,200

30,000 Form ACE-2 1.0 30,000

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Fiscal Year Total: 227,400

The difference in hours per response is due to the expected number of industry categories

reported by companies. Highly diversified companies will report a greater number of industries.