[Federal Register Volume 59, Number 228 (Tuesday, November 29, 1994)]
[Unknown Section]
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From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-29295]


[[Page Unknown]]

[Federal Register: November 29, 1994]


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DEPARTMENT OF COMMERCE

 

Agency Form Under Review by the Office of Management and Budget

    DOC has submitted 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.
    Title: Direct Transactions of U.S. Reporter with Foreign Affiliate.
    Agency Approval Number: 0608-0004.
    Type of Request: Revision of a currently approved collection.
    Burden: 46,000 hours.
    Number of Respondents: 10,000 hours.
    Avg Hours Per Response: 1.15 minutes.
    Needs and Uses: This survey is a sample survey that collects 
current data on transactions and positions between U.S. parent 
companies and their foreign affiliates. The survey is mandated by 
Congress to provide a factual framework for addressing the concerns of 
policymakers and the general public about the effects of direct 
investment abroad on the U.S. and foreign economies. The sample data 
are used to carry forward similar data reported in the benchmark 
survey, or census, of U.S. direct investment abroad in order to derive 
universe estimates in nonbenchmark years. The data are needed to record 
the size of U.S. direct investment abroad, measure changes in such 
investment, and assess its impact. They are also required for compiling 
the balance of payments, international investment position, and 
national income and product accounts of the United States.
    Affected Public: Businesses or other for-profit institutions.
    Frequency: Quarterly.
    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 Gerald Tache, DOC Forms Clearance Officer, (202) 
482-3271, Department of Commerce, room 5312, 14th and Constitution 
Avenue, NW, Washington, DC 20230.
    Written comments and recommendations for the proposed information 
collection should be sent to Paul Bugg, OMB Desk Officer, Room 10201, 
New Executive Office Building, Washington, DC 20503.

    Dated: November 22, 1994.
Gerald Tache,
Departmental Forms Clearance Officer, Office of Management and 
Organization.
[FR Doc. 94-29295 Filed 11-28-94; 8:45 am]
BILLING CODE 3510-CW-F