[Federal Register Volume 63, Number 148 (Monday, August 3, 1998)]
[Notices]
[Page 41226]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-20581]


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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 Economic Analysis
    Title: Annual Survey of U.S. Direct Investment Abroad Form 
Number(s): BE-11.
    Agency Approval Number: 0608-0053.
    Type of Request: Extension of a currently approved collection 
without any change in the substance or in the method of collection.
    Burden: 113,200 hours.
    Number of Respondents: 1,550.
    Avg Hours Per Response: 73 hours.
    Needs and Uses: The survey provides a variety of measures of the 
overall operations of U.S. parent companies and their foreign 
affiliates, including total assets, sales, net income, employment and 
employee compensation, research and development expenditures, and 
exports and imports of goods. The survey is a cutoff sample survey that 
covers all foreign affiliates (and their U.S. parent companies) above a 
size-exemption level. The sample data are used to derive universe 
estimates in nonbenchmark years by carrying forward similar data 
reported in the BE-10, Benchmark Survey of U.S. Direct Investment 
Abroad, which is taken 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.
    Affected Public: Businesses or other for-profit institutions.
    Frequency: Annual.
    Respondent's Obligation: Mandatory.
    Legal Authority: Title 22 U.S.C., Sections 3101-3108, as amended.
    OMB Desk Officer: Paul Bugg, (202) 395-3093.
    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 5732, 14th Street 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 Paul Bugg, OMB Desk Officer, Room 10201, New Executive Office 
Building, Washington, DC 20503.

    Dated: July 28, 1998.
Linda Engelmeier,
Departmental Forms Clearance Officer, Office of the Chief Information 
Officer.
[FR Doc. 98-20581 Filed 7-31-98; 8:45am].
BILLING CODE: 3510-06-P.