[Federal Register Volume 70, Number 38 (Monday, February 28, 2005)]
[Notices]
[Pages 9649-9650]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-3756]


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FEDERAL RESERVE SYSTEM


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

AGENCY: Board of Governors of the Federal Reserve System
SUMMARY: Background. Notice is hereby given of the final approval of 
proposed information collection(s) by the Board of Governors of the 
Federal Reserve System (Board) under OMB delegated authority, as per 5 
CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). Board-

[[Page 9650]]

approved collections of information are incorporated into the official 
OMB inventory of currently approved collections of information. Copies 
of the OMB 83-Is and supporting statements and approved collection of 
information instrument(s) are placed into OMB's public docket files. 
The Federal Reserve may not conduct or sponsor, and the respondent is 
not required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer --Michelle Long--Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829).
    OMB Desk Officer--Mark Menchik--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503, or email to 
[email protected].

Final approval under OMB delegated authority of the extension for three 
years, without revision of the following report:

    Report title: Intermittent Survey of Businesses
    Agency form number: FR 1374
    OMB control number: 7100-0302
    Frequency: Biweekly and semiannually
    Reporters: Purchasing managers, economists, or other knowledgeable 
individuals at business firms
    Annual reporting hours: 125 hours
    Estimated average hours per response: 15 minutes
    Number of respondents: biweekly, 10; semiannually, 120
    General description of report: This information collection is 
voluntary (12 U.S.C. Sec. Sec.  225a and 263) and is given confidential 
treatment (5 U.S.C. Sec.  552(b)(4)).
    Abstract: The survey data are used by the Federal Reserve to gather 
information specifically tailored to the Federal Reserve's policy and 
operational responsibilities. It is necessary to conduct the survey 
biweekly to keep up with the rapidly changing developments in the 
economy and to provide timely information to staff and Board members. 
Usually, the surveys are conducted by staff economists telephoning 
purchasing managers, economists, or other knowledgeable individuals at 
selected, relevant businesses. The frequency and content of the 
questions, and the businesses contacted would vary depending on 
changing developments in the economy.

    Board of Governors of the Federal Reserve System, February 23, 
2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05-3756 Filed 2-25-05; 8:45 am]
BILLING CODE 6210-01-S