[Federal Register Volume 89, Number 11 (Wednesday, January 17, 2024)]
[Notices]
[Pages 2985-2986]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-00778]


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DEPARTMENT OF LABOR


Agency Information Collection Activities; Submission for OMB 
Review; Producer Price Index Survey

ACTION: Notice of availability; request for comments.

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SUMMARY: The Department of Labor (DOL) is submitting this Bureau of 
Labor Statistics (BLS)-sponsored information collection request (ICR) 
to the Office of Management and Budget (OMB) for review and approval in 
accordance with the Paperwork Reduction Act of 1995 (PRA). Public 
comments on the ICR are invited.

DATES: The OMB will consider all written comments that the agency 
receives on or before February 16, 2024.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
    Comments are invited on: (1) whether the collection of information 
is necessary for the proper performance of the functions of the 
Department, including whether the information will have practical 
utility; (2) the accuracy of the agency's estimates of the burden and 
cost of the collection of information, including the validity of the 
methodology and assumptions used; (3) ways to enhance the quality, 
utility and clarity of the information collection; and (4) ways to 
minimize the burden of the collection of information on those who are 
to respond, including the use of automated collection techniques or 
other forms of information technology.

FOR FURTHER INFORMATION CONTACT: Nicole Bouchet by telephone at 202-
693-0213, or by email at [email protected].

SUPPLEMENTARY INFORMATION: The Producer Price Index (PPI), one of the 
Nation's leading economic indicators, is used as a measure of price 
movements, as an indicator of inflationary trends, for inventory 
valuation, and as a measure of purchasing power of the dollar at the 
primary market level. It also is used for market and economic research 
and as a basis for escalation in long-term contracts and purchase 
agreements. The purpose of the PPI collection is to accumulate data for 
the ongoing monthly publication of the PPI family of indexes. For 
additional substantive information about this ICR, see the

[[Page 2986]]

related notice published in the Federal Register on November 2, 2023 
(88 FRN 75331).
    This information collection is subject to the PRA. A Federal agency 
generally cannot conduct or sponsor a collection of information, and 
the public is generally not required to respond to an information 
collection, unless the OMB approves it and displays a currently valid 
OMB Control Number. In addition, notwithstanding any other provisions 
of law, no person shall generally be subject to penalty for failing to 
comply with a collection of information that does not display a valid 
OMB Control Number. See 5 CFR 1320.5(a) and 1320.6.
    Agency: DOL-BLS.
    Title of Collection: Producer Price Index Survey.
    OMB Control Number: 1220-0008.
    Affected Public: Private sector; Businesses or other for-profit 
institutions.
    Total Estimated Number of Respondents: 5,412.
    Total Estimated Number of Responses: 665,182.
    Total Estimated Annual Time Burden: 63,740 hours.
    Total Estimated Annual Other Costs Burden: $0.

(Authority: 44 U.S.C. 3507(a)(1)(D))

Nicole Bouchet,
Senior Paperwork Reduction Act Analyst.
[FR Doc. 2024-00778 Filed 1-16-24; 8:45 am]
BILLING CODE 4510-24-P