Business Trends and Outlook Survey

ICR 202507-0607-004

OMB: 0607-1022

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Justification for No Material/Nonsubstantive Change
2025-07-28
Supplementary Document
2023-07-21
Supporting Statement B
2025-03-21
Supplementary Document
2022-02-18
Supporting Statement A
2025-05-27
IC Document Collections
IC ID
Document
Title
Status
251680 Modified
ICR Details
0607-1022 202507-0607-004
Received in OIRA 202503-0607-002
DOC/CENSUS
Business Trends and Outlook Survey
No material or nonsubstantive change to a currently approved collection   No
Regular 07/29/2025
  Requested Previously Approved
05/31/2028 05/31/2028
795,000 795,000
132,500 132,500
0 0

The Business Trends and Outlook Survey (BTOS) will be a new experimental survey with bi-weekly data collection and publication. This continuous near real time data publication will provide a baseline of the U.S. economy and will measure change as a result of current and future economic shocks. The ongoing nature of the BTOS is in response to stakeholder feedback on the Small Business Pulse Survey (SBPS), which was that economic baseline or ‘norms’ data would have been helpful to have in comparison to the SBPS data on pandemic impact.

US Code: 13 USC 131, 182
  
None

Not associated with rulemaking

  89 FR 102854 12/18/2024
90 FR 14229 03/31/2025
No

1
IC Title Form No. Form Name
Business Trends and Outlook Survey BTOS WFH Question, Draft Core Content (cycle 1, 3, 4), Draft Core and Supplemental Content (cycle 2), BTOS Instrument with Final AI supplement Questions Draft Core and Supplemental Content (cycle 2) ,   Draft Core Content (cycle 1, 3, 4) ,   BTOS WFH Question ,   BTOS Instrument with Final AI supplement Questions

  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 795,000 795,000 0 0 0 0
Annual Time Burden (Hours) 132,500 132,500 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$2,230,000
Yes Part B of Supporting Statement
    No
    No
No
No
No
No
Kathy Bonney 301 763-4934

  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.
07/29/2025


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