International Price Program U.S. Import and Export Price Indexes

ICR 201806-1220-002

OMB: 1220-0025

Federal Form Document

Forms and Documents
ICR Details
1220-0025 201806-1220-002
Active 201705-1220-002
DOL/BLS
International Price Program U.S. Import and Export Price Indexes
Extension without change of a currently approved collection   No
Regular
Approved with change 05/08/2019
Retrieve Notice of Action (NOA) 03/01/2019
  Inventory as of this Action Requested Previously Approved
05/31/2022 36 Months From Approved 05/31/2019
43,075 0 46,950
20,674 0 21,305
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
  
None

Not associated with rulemaking

  83 FR 28450 06/19/2018
84 FR 7133 03/01/2019
No

2
IC Title Form No. Form Name
Private Sector - Repricing (Exports and Imports) Web Screens, Attachment 9B Web Screen - screenshots ,   Collection tool for email respondents
IPP Export and Import Price Indexes Initiation Screen shots, B Form, BLS 3008 US Import/Export Price Information ,   Initiation applicatoin ,   Dissaggregation worksheet

  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 43,075 46,950 0 0 -3,875 0
Annual Time Burden (Hours) 20,674 21,305 0 0 -631 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The annual number of responses decreased for both exports and imports because of fewer respondents in Initiation and in Repricing. Budget cuts have resulted in a reduction in Field and National Office Economists which forces IPP to scale back the number of companies selected for sampling. The lower number of responses in Initiation reflects smaller sample sizes projected for upcoming years while the lower number in Repricing reflects smaller sample sizes in previous years. (The number of respondents in Repricing is impacted by the past number of respondents in Initiation.)

$21,000,000
Yes Part B of Supporting Statement
    No
    No
No
No
No
Uncollected
Courtney Lam 202 691-7113 [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.
03/01/2019


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