[Federal Register Volume 68, Number 155 (Tuesday, August 12, 2003)]
[Notices]
[Page 47907]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-20494]


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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 (BEA), Commerce.
    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: 118,400 hours.
    Number of Respondents: 1,600.
    Avg Hours Per Response: 74 hours.
    Needs and Uses: The survey provides a variety of measures of the 
overall operations of nonbank U.S. parent companies and their nonbank 
foreign affiliates, including total assets, sales, net income, 
employment and employee compensation, taxes, research and development 
expenditures, and exports and imports of goods. The survey is a cut-off 
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 extrapolating 
forward similar data reported in the BE-10, Benchmark Survey of U.S. 
Direct Investment Abroad, which is taken once 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.
    The data from the survey are primarily intended as general purpose 
statistics. They should be readily available to answer any number of 
research and policy questions related to U.S. direct investment abroad. 
Policy areas of particular and lasting interest are trade in goods and 
services, employment and employee compensation, taxes, and technology.
    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.
    You may obtain copies of the above information collection proposal 
by calling or writing Diana Hynek, Departmental Paperwork Clearance 
Officer, Office of the Chief Information Officer, Department of 
Commerce, Room 6625, 14th Street and Constitution Avenue, NW., 
Washington, DC 20230, or via the Internet at [email protected], ((202) 
482-0266).
    Send comments on the proposed information collection within 30 days 
of publication of this notice to Paul Bugg, OMB Desk Officer, via the 
Internet at [email protected] or by fax (202) 395-7245.

    Dated: August 6, 2003.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 03-20494 Filed 8-11-03; 8:45 am]
BILLING CODE 3510-06-P