[Federal Register Volume 67, Number 136 (Tuesday, July 16, 2002)]
[Notices]
[Pages 46676-46677]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-17852]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

    In notice document 00-19313, beginning on page 46917, in the issue 
of Tuesday, August 1, 2000, the Federal Reserve announced final 
approval of the Monthly Survey of Industrial Electricity Use (FR 
2009a,b,c; OMB No. 7100-0057). The notice announced the proposal to 
discontinue the FR 2009a after a two-year transition period ending 
August 2002. The Federal Reserve has postponed the discontinuance of 
the FR 2009a for another year to allow respondents more time to convert 
to the new classification codes.
    The industrial output index is currently being revised to reflect 
the new North American Industry Classification System (NAICS). The 
Federal Reserve's G.17 statistical release, ``Industrial Production and 
Capacity Utilization'', will be published

[[Page 46677]]

under NAICS codes beginning in November 2002, replacing the current 
Standard Industrial Classification (SIC) codes. To facilitate the use 
of this new index, the Federal Reserve has asked utilities to 
reclassify their customers using the NAICS codes. To that end, a new 
version of the Monthly Report of Industrial Electricity Use, the FR 
2009c, was created in August 2000 to be used by respondents reporting 
in NAICS codes. Respondents could continue reporting in SIC codes on 
the FR 2009a until they had converted over to NAICS codes. The FR 2009a 
was then to be discontinued at the end of a two-year transition period.
    This time frame has proven to be unrealistic for some utilities in 
the FR 2009 panel and, as a result, the Federal Reserve will continue 
to use the FR 2009a form. The Federal Reserve prefers NAICS coded data 
and encourages utilities to make the change. Federal Reserve staff will 
continue to help utilities make the conversion from SIC codes to NAICS 
codes.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Mary M. West--Division of Research and Statistics, M/S 41, 
Board of Governors of the Federal Reserve System, Washington, DC 20551 
(202-452-3829).

    Board of Governors of the Federal Reserve System, July 11,2002.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 02-17852 Filed 7-15-02; 8:45 am]
BILLING CODE 6210-01-S