This survey will provide estimates of
quarterly revenue and other data items from businesses or other
for-profit organizations and not-for-profit institutions, in
several industries. The Bureau of Economic Analysis will use the
data to improve its quarterly Gross Domestic Product (GDP), and GDP
by industry estimates. The data will provide the Federal Reserve
Board and Council of Economic Advisors with timely information to
assess current economic performance. Other government and private
stakeholders will also benefit from a better understanding of
important cyclical components of our economy.
There was an additional 5,922
hours of burden added this submission. This is due to the increased
number of respondents for the proposed QSS expansion.
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.