Producer Price Index Survey

Forms and Documents

Document Name	Status
Form IDCF Producer Price Index - Repricing - Private Sector Form and Instruction	Modified
Form BLS 1810E Producer Price Index Survey - Initiation Private Sector Form and Instruction	Modified
1220-0008 60-day FRN (published).pdf Supplementary Document	2020-09-23
1220-0008 30-day FRN (published).pdf Supplementary Document	2020-09-23
Supporting Statement Part A for PPI 2020 Final.docx Supporting Statement A	2020-08-04
Supporting Statement Part B for PPI 2020 Final.docx Supporting Statement B	2020-07-30
PPI BLS Needs your help Pamphlet .pdf Supplementary Document	2020-07-15
CIPSEA.docx Supplementary Document	2020-07-15
29 USC 1&2.docx Supplementary Document	2020-07-15

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: 202007-1220-001
Status: Received in OIRA	Previous ICR Reference No: 201705-1220-001
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	Date Submitted to OIRA: 09/23/2020

	Requested	Previously Approved
Expiration Date	36 Months From Approved	01/31/2021
Responses	739,645	1,127,836
Time Burden (Hours)	69,945	105,172
Cost Burden (Dollars)	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:
	85 FR 34656	06/05/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 59826	09/23/2020
Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Producer Price Index - Repricing - Private Sector	IDCF	Web Repricing
Producer Price Index Survey - Initiation Private Sector	BLS 1810E, BLS 1810A, 1810A1, BLS 1810C1, BLS 1810B, BLS 1810C	PPI Product Checklist ,   PPI Facesheet ,   Item Information Continuation Sheet ,   PPI Industry Specific Dissaggregation Worksheet ,   Cluster Form ,   Disaggregation Worksheet

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ICR Summary of Burden

	Total Request	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	739,645	1,127,836	0	0	-388,191	0
Annual Time Burden (Hours)	69,945	105,172	0	0	-35,227	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: A decrease in total number of respondents from 26,436 to 15,954 resulted in a decrease of total burden hours. The decline in the total number of PPI respondents is due to a combination of factors, including budgetary directives resulting in a reduction in both field resources and initiation sample sizes, a downturn in respondent cooperation during initiation, and an increasing rate of attrition for repricing respondents. Additionally, the PPI program is using an improved approach to determine the number of respondents providing data monthly.

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Annual Cost to Federal Government: $47,000,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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? No

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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: 09/23/2020

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