Prior to
implementing the proposed changes noted in Attachment XI on the
Consumer Price Index Housing Survey, BLS will submit to OMB for
review via a nonsubstantive change request the final versions of
the proposed changes. This request will outline the final proposed
changes (noting any revisions compared to those in Attachment XI),
and will include reasons for the proposed changes and explanation
and results of any testing of the changes that has occurred.
Inventory as of this Action
Requested
Previously Approved
05/31/2022
36 Months From Approved
05/31/2019
129,778
0
168,600
12,752
0
14,397
0
0
0
The Consumer Price Index (CPI) is a
measure of the average change over time in the prices paid by
consumers for a market basket of consumer goods and services. Each
month, BLS data collectors called economic assistants visit or call
thousands of retail stores, service establishments, rental units,
and doctors' offices, all over the United States to obtain
information on the prices of the thousands of items used to track
and measure price changes in the CPI. The collection of price data
from rental units is essential for the timely and accurate
calculation of the shelter component of the CPI. The CPI is then
widely used as a measure of inflation, indicator of the
effectiveness of government economic policy, deflator for other
economic series and as a means of adjusting dollar values.
US Code:
29
USC 1&2 Name of Law: Design and Duties of the BLS
Factors which contributed to
the decrease in estimated burden hours for FY2019-2021 compared
with FY2016-2018 are the following: • The target sample size is
being reduced from 50,000 rental units to 43,000 units during
FY2019-2021. • The housing mail pre-screening survey was no longer
cost effective and was dropped. BLS determined that it was less
costly to screen potential respondents in person rather than by
mail. • The entire samples in 3 PSUs are being dropped during
FY2020. • For the 3 PSUs being dropped during FY2020, ongoing
screening and initiation of new samples will end in FY2019. • For 9
additional PSUs that will be dropped during FY2020-2021, ongoing
screening and initiation of new samples will be ending during
FY2019. One factor increasing estimated burden hours is the need to
screen and initiate entire new samples for 15 PSUs which are being
added to the area sample. Screening and initiation will start for 6
new PSUs each year for FY2019 and FY2020 and 3 new PSUs for FY2021.
These new PSUs will be used in CPI calculations starting in FY2020,
FY2021, and FY2022 respectively.
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.