International Price Program U.S. Import and Export Price Indexes

Forms and Documents

Document Name	Status
Form PRIMO IPP Export and Import Price Indexes Initiation Form and Instruction	Modified
Form 3007D Private Sector - Repricing (Exports and Imports) Form and Instruction	Modified
OMB 1220-0025 Supporting Statement (4).docx Supporting Statement A	2015-09-15
OMB 1220-0025 Supporting Statement Part B.docx Supporting Statement B	2015-07-30
Attachment 18 - Beyond the Numbers article Analyzing alternatives to export price indexes.pdf Supplementary Document	2015-06-24
Attachment 17 - MLR article - ipp 2008 a year in review.pdf Supplementary Document	2015-06-24
Attachment 16 - IPP press release.pdf Supplementary Document	2015-06-23
Attachment 6 - Real Exports and Imports of Goods and Services by Type of Product, chained dollars table.pdf Supplementary Document	2015-06-18
Attachment 5 -Exports and Imports of Goods and Services by Type of Product.pdf Supplementary Document	2015-06-18
Attachment 4 - Real US Exports, IMports, and Balance of Goods, Petroleum and Non Petroleum End- Use table.pdf Supplementary Document	2015-06-18
Attachment 3 - Real US Exports and Imports of Goods by Principal End-Use Category .pdf Supplementary Document	2015-06-18
Attachment 2 - US International Transaction Tables.pdf Supplementary Document	2015-06-18
Attachment 1 - USC, Section 2, Title 29.txt Supplementary Document	2015-06-18

IC Document Collections

IC ID	Document Title	Status
44678	IPP Export and Import Price Indexes Initiation Form and Instruction	Modified
14552	Private Sector - Repricing (Exports and Imports) Form and Instruction	Modified

ICR Details

OMB Control No: 1220-0025	ICR Reference No: 201505-1220-001
Status: Historical Active	Previous ICR Reference No: 201502-1220-003
Agency/Subagency: DOL/BLS	Agency Tracking No:
Title: International Price Program U.S. Import and Export Price Indexes
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/11/2015
	Date Received in OIRA: 10/09/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2018	36 Months From Approved	12/31/2015
Responses	46,950	0	47,660
Time Burden (Hours)	21,305	0	20,748
Cost Burden (Dollars)	0	0	0

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Abstract: The price data collected by the International Price Program (IPP) is used to produce indexes which measure, on a monthly basis, changes in transaction prices of goods and services exported from or imported into the U.S. This published data is in turn used to deflate import and export trade statistics, deflate the foreign trade component of the GDP, determine monetary and fiscal policy, negotiate trade agreements, and determine trade and commercial policy. The respondents are establishments conducting import/export trade and receive no compensation for their participation. The IPP survey is a voluntary survey.

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Authorizing Statute(s): US Code: 29 USC 1&2 Name of Law: BLS Authorizing Statute
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 28011	05/15/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 61242	10/09/2015
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
IPP Export and Import Price Indexes Initiation	PRIMO, BLS 3008, B Form	IPP PRIMO Screen Shots ,   Dissaggregation Worksheet ,   Import/Export Price Information
Private Sector - Repricing (Exports and Imports)	IDCF, Email Collection Tool, 3007D, 3007D	Import Repricing Form ,   Export Repricing Form ,   Web Screens ,   Email Collection Tool

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	46,950	47,660	0	0	-710	0
Annual Time Burden (Hours)	21,305	20,748	0	0	557	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The overall annual number of responses decreased slightly because there are fewer respondents available for repricing due (mostly) to a drop in the number of respondents initiated over the last several years. Budget cuts have resulted in a reduction in Field Economists and therefore smaller sample sizes. Overall annual time burden increased because of an increase in the frequency of responses per year, for both imports and exports. (Respondents determine repricing schedules based upon how frequently and when price changes occur for their items.) The increased frequency may be associated with the increased use of web repricing (89% vs. 82% reported with the last clearance package) which respondents have reported to be a more convenient method for providing price information (over submitting hard copies of the repricing form).

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Annual Cost to Federal Government: $21,000,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 10/09/2015

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