Attachment 25c - IPP Refusal Last Attempt

OMB No. 1220-0025

IPP Refusal Letter – Last Attempt

November 24, 2024

«RespFirst» «RespLast»

«RespTitle»

«Company»

«Street»

«City», «State» «Zip»

Dear «RespFirst» «Resp Last»:

«FE_FirstName» «FE_LastName» of my staff has attempted to contact you regarding the U.S. Import and Export Price Indexes (MXP) and has been unable to reach you. You may recall receiving a letter explaining that your company had been selected to provide data on your «imported/exported/imported and exported» products for the MXP, a Principal Federal Economic Indicator of price changes for non-military goods and services traded between the United States and the rest of the world.

I would like to assure you that the information we are requesting is important to the accuracy of the MXP. Many businesses use the MXP extensively to analyze economic conditions, adjust contracts, and assess competition in international markets. In addition, the federal government uses the information to set fiscal and monetary policy as well as to negotiate trade agreements. For our sampling process to remain statistically valid, we cannot replace your company with another business.

Our economists are required to make every effort to speak with respondents directly. Providing the data will require a minimal amount of your time. A return phone call in no way obligates you to participate, but it does give «FE_FirstName» «FE_LastName» a chance to address any concerns and questions you may have.

Your participation is confidential.  We do not reveal actual company names or prices in our published indexes.

Since the success of the MXP relies upon the participation of a select sample of companies, I urge you to speak with «FE_FirstName» «FE_LastName» soon. You may contact them at «FE_Tel» or «FE_Email». We look forward to working with you.

Sincerely yours,

NAME

«Title»

www.bls.gov/mxp/