International Price Program U.S. Export and Import Price Indexes
No material or nonsubstantive change to a currently approved collection
No
Regular
Approved without change
02/24/2015
02/12/2015
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
10/31/2015
10/31/2015
10/31/2015
47,660
0
47,660
20,748
0
20,748
0
0
0
The price data collected by the International Price Program (IPP) is used to produce indexes which measure, on a monthly basis, changes in transaction prices of goods and services exported from or imported into the U.S. This published data is in turn used to deflate import and export trade statistics, deflate the foreign trade component of the GDP, determine monetary and fiscal policy, negotiate trade agreements, and determine trade and commercial policy. The respondents are establishments conducting import/export trade and receive no compensation for their participation. The IPP survey is a voluntary survey.
US Code:
29 USC 1&2
Name of Law: BLS Authorizing Statute
Web Repricing, 3007D, 3007D, Web Repricing, Price Form Excel, Web Repricing, Web Repricing
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table that charts list 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
47,660
47,660
0
0
0
0
Annual Time Burden (Hours)
20,748
20,748
0
0
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
No
No
Respondent burden has declined due to a decrease in the estimated average repricing response time per item. The lower estimate is the result of the increased use of web repricing.
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.