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The Department of Commerce will submit to the Office of Management and Budget (OMB) for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act (44 U.S.C. Chapter 35).
Agency: Bureau of Economic Analysis (BEA), Commerce.
Title: Annual Survey of U.S. Direct Investment Abroad.
OMB Control Number: 0608-0053.
Form Number: BE-11.
Type of Request: Regular submission.
Number of Respondents: 1,900 annually (filing for 18,700 foreign affiliates).
Average Hours per Response: 91 hours is the average, but may vary considerably among respondents because of differences in company size and complexity.
Estimated Total Annual Burden Hours: 172,600.
Needs and Uses: The Annual Survey of U.S. Direct Investment Abroad (Form BE-11) obtains financial and operating data covering the operations of U.S. parents and their foreign affiliates, including their balance sheets; income statements; property, plant, and equipment; employment and employee compensation; merchandise trade; sales of goods and services; taxes; and research and development activity. The survey is a sample survey that covers all foreign affiliates above a size-exemption level and their U.S. parents. The sample data are used to derive universe estimates in nonbenchmark years from similar data reported in the BE-10, Benchmark Survey of U.S. Direct Investment Abroad, which is conducted every five years. The data are needed to measure the size and economic significance of direct investment abroad, measure changes in such investment, and assess its impact on the U.S. and foreign economies.
The data from the survey are primarily intended as general purpose statistics. They should be readily available to answer any number of research and policy questions related to U.S. direct investment abroad.
Affected Public: Businesses or other for-profit organizations.
Respondent's Obligation: Mandatory.
OMB Desk Officer: Paul Bugg, (202) 395-3093.
Copies of the above information collection proposal can be obtained by calling or writing Jennifer Jessup, Departmental Paperwork Clearance Officer, Department of Commerce, Room 6616, 14th Street and Constitution Avenue NW., Washington, DC 20230, or via email at email@example.com.
Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to Paul Bugg, OMB Desk Officer, number (202) 395-7245, or via email at firstname.lastname@example.org.
Dated: September 30, 2013.
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2013-24184 Filed 10-2-13; 8:45 am]
BILLING CODE 3510-06-P