Federal Register: October 10, 2007 (Volume 72, Number 195)
DOCID: fr10oc07-30 FR Doc E7-19858
DEPARTMENT OF COMMERCE
DOCUMENT ACTION: Notice.
Proposed Information Collection; Comment Request; Manufacturers' Shipments, Inventories and Orders (M3) Supplement: 2006-2007 Unfilled Orders Benchmark Survey
DATES: To ensure consideration, written comments must be submitted on or before December 10, 2007.
The Department of Commerce, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 10413 (44 U.S.C. 3506(c)(2)(A)).
Agency information collection activities; proposals, submissions, and approvals,
The ``Manufacturers'' Shipments, Inventories, and Orders (M3) Survey collects monthly data on shipments, inventories, and new and unfilled orders from manufacturing companies. The orders, as well as the shipments and inventory data, are valuable tools for those who analyze business cycle conditions, including members of the Council of Economic Advisers, the Treasury Department, and the business community.
The monthly M3 Survey estimates are based on a relatively small sample and reflect primarily the monthtomonth changes of large companies. There is a clear need for periodic benchmarking of the M3 estimates to reflect the manufacturing universe. The Annual Survey of Manufactures (ASM) provides annual benchmarks for the shipments and inventory data in this monthly survey. There is no benchmark for unfilled orders.
The U.S. Census Bureau plans to reinstate the Manufacturers' Shipments, Inventories and Orders (M3) Supplement: Unfilled Orders Benchmark Survey. Over the life of the M3 Survey, there have been three surveys specifically designed to collect unfilled orders. These surveys were conducted in 1976, 1986, and 2000. A periodic unfilled orders benchmark survey is necessary to determine the levels of unfilled orders for each industry covered in the M3 survey and whether to add or discontinue the collection of unfilled orders data for each industry.
The information will be used to develop universe estimates of unfilled orders as of the end of 2006 and 2007. We will adjust the monthly M3 data on unfilled orders to these levels on the North American Industry Classification System (NAICS) basis. The benchmarked unfilled orders levels will be used to derive estimates of new orders received by manufacturers.
II. Method of Collection
The Census Bureau will use mail out/mail back survey forms to
collect the data. Companies will be asked to respond to the survey
within 45 days of receipt. Letters encouraging participation will be
mailed to companies that have not responded by the designated time. III. Data
OMB Control Number: 06070561.
Form Number: MA3000.
Type of Review: Regular submission.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents: 6,000.
Estimated Time per Response: 30 minutes.
Estimated Total Annual Burden Hours: 3,000.
Estimated Total Annual Cost: $78,780.
Respondent's Obligation: Mandatory.
Legal Authority: Title 13, U.S.C., Section 182.
IV. Request for Comments
Comments are invited on: (a) Whether the proposed collection of
information is necessary for the proper performance of the functions of
the agency, including whether the information shall have practical
utility; (b) the accuracy of the agency's estimate of the burden
(including hours and cost) of the proposed collection of information;
(c) ways to enhance the quality, utility, and clarity of the information to be
collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology.
Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval of this information collection; they also will become a matter of public record.
Dated: October 3, 2007.
Management Analyst, Office of the Chief Information Officer. [FR Doc. E719858 Filed 10907; 8:45 am]
BILLING CODE 351007P
FOR FURTHER INFORMATION CONTACT
Requests for additional information or
copies of the information collection instrument(s) and instructions
should be directed to Chris Savage, U. S. Census Bureau, Room 7K071,
Washington, DC 202336900, (301) 7634832, or (via the Internet at