Producer Price Index Survey

Forms and Documents

Document Name	Status
Form BLS-473P Producer Price Index - Repricing - Private Sector Form and Instruction	Modified
Form BLS 1810A Producer Price Index Survey - Initiation Private Sector Form and Instruction	Modified
Supporting Statement Part B (1220-0008).docx Supporting Statement B	2014-05-20
Supporting Statement Part A for PPI (1220-0008).docx Supporting Statement A	2014-05-20
TitleV.doc Supplementary Document	2014-03-10
29 USC 1&2.doc Supplementary Document	2014-03-10

IC Document Collections

IC ID	Document Title	Status
183499	Producer Price Index - Repricing - Private Sector Form and Instruction	Modified
14535	Producer Price Index Survey - Initiation Private Sector Form and Instruction	Modified

ICR Details

OMB Control No: 1220-0008	ICR Reference No: 201403-1220-001
Status: Historical Active	Previous ICR Reference No: 201305-1220-003
Agency/Subagency: DOL/BLS	Agency Tracking No:
Title: Producer Price Index Survey
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/10/2014
	Date Received in OIRA: 07/15/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2017	36 Months From Approved	09/30/2014
Responses	1,265,836	0	1,266,582
Time Burden (Hours)	116,672	0	118,164
Cost Burden (Dollars)	0	0	0

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Abstract: The Producer Price Index (PPI), 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.

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Authorizing Statute(s): US Code: 29 USC 2 Name of Law: Title 29, Section 2
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 10843	02/26/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 41306	07/15/2014
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
Producer Price Index Survey - Initiation Private Sector	BLS 1810A, BLS 1810A1, BLS 1810C, BLS 1810C1, BLS 1810E, BLS 1810B	PPI Facesheet ,   Facesheet - Item Information Continuation Sheet ,   PPI Cluster Form ,   PPI Disaggregation Worksheet ,   PPI Product Category Mapping ,   PPI Product Checklist
Producer Price Index - Repricing - Private Sector	Web Repricing, BLS-473P	PPI Pricing Form ,   Web Repricing Screenshots

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ICR Summary of Burden

	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	1,265,836	1,266,582	0	0	-746	0
Annual Time Burden (Hours)	116,672	118,164	0	0	-1,492	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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: No

Burden Reduction Due to:

Short Statement: The total number of respondents decreased from 32,832 to 32,086 . This decrease was the result of a drop in the number of respondents initiated each year. This resulted in a decrease of total hours requested from 118,164 to 116,672, causing a decrease of 1,492 hours.

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Annual Cost to Federal Government: $43,000,000

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 07/15/2014

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