[Federal Register Volume 62, Number 124 (Friday, June 27, 1997)]
[Notices]
[Pages 34687-34688]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-16843]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    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 the Census.
    Title: Manufacturers' Shipments, Inventories, and Orders (M3).
    Form Number(s): M-3(SD), M-3(SD)I, M-3-1-L1.
    Agency Approval Number: 0607-0008.
    Type of Request: Revision of a currently approved collection.
    Burden: 20,600 hours.
    Number of Respondents: 5,150.
    Avg Hours Per Response: 20 minutes.
    Needs and Uses: The Census Bureau conducts the M3 survey, one of 
the principal Federal economic indicators, to collect monthly 
manufacturing data from a sample of firms in the manufacturing sector 
of the economy. Data requested are shipments, new orders, unfilled 
orders, total inventory, materials and supplies, work-in-process and 
finished goods. The data are used to analyze short- and long-term 
trends in the manufacturing sector and as related to other sectors of 
the economy. The shipments and inventory data are

[[Page 34688]]

essential inputs into the gross domestic product accounts, while the 
orders data are direct inputs into the leading economic indicator 
series. The survey also provides valuable and timely data for economic 
planning and analysis to business firms, trade associations, research 
and consulting agencies, and academia on the domestic manufacturing 
sector.
    In this request, the total annual burden hours are adjusted 
downward due to decreasing panel size. Since the M3 survey is a 
voluntary report, we are experiencing declining coverage, but hope to 
partially offset this decrease through a special 1997 mailout to 650 
nonreporters in our coverage improvement panel.
    Affected Public: Business or other for-profit.
    Frequency: Monthly.
    Respondent's Obligation: Voluntary.
    Legal Authority: Title 13 U.S.C., Sections 131 and 182.
    OMB Desk Officer: Jerry Coffey, (202) 395-7314.
    Copies of the above information collection proposal can be obtained 
by calling or writing Linda Engelmeier, DOC Forms Clearance Officer, 
(202) 482-3272, Department of Commerce, room 5327, 14th and 
Constitution Avenue, NW, Washington, DC 20230.
    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to Jerry Coffey, OMB Desk Officer, room 10201, New Executive Office 
Building, Washington, DC 20503.

    Dated: June 20, 1997.
W. Dan Haigler,
Chief, Management Control Division, Office of Management and 
Organization.
[FR Doc. 97-16843 Filed 6-26-97; 8:45 am]
BILLING CODE 3510-07-P