[Federal Register Volume 82, Number 231 (Monday, December 4, 2017)]
[Notices]
[Pages 57202-57203]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-26010]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    The Department of Commerce will submit 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).

[[Page 57203]]

    Agency: Bureau of Economic Analysis (BEA), Commerce.
    Title: Quarterly Survey of Foreign Direct Investment in the United 
States--Transactions of U.S. Affiliate with Foreign Parent.
    OMB Control Number: 0608-0009.
    Form Number: BE-605.
    Type of Request: Regular submission.
    Number of Responses: 17,200 annually.
    Average Hours per Response: One hour is the average, but may vary 
considerably among respondents because of differences in company size 
and complexity.
    Estimated Total Annual Burden Hours: 17,200.
    Needs and Uses: The Quarterly Survey of Foreign Direct Investment 
in the United States--Transactions of U.S. Affiliate with Foreign 
Parent (Form BE-605) obtains quarterly data on transactions and 
positions between foreign-owned U.S. business enterprises and their 
``affiliated foreign groups'' (i.e., their foreign parents and foreign 
affiliates of their foreign parents). The survey is a sample survey 
that covers all U.S. affiliates above a size-exemption level. The 
sample data are used to derive universe estimates of direct investment 
transactions, positions, and income in nonbenchmark years from similar 
data reported in the BE-12, Benchmark Survey of Foreign Direct 
Investment in the United States, which is conducted every five years 
and will next be conducted for the fiscal year ending in 2017. The data 
collected through the BE-605 survey are essential for the preparation 
of the U.S. international transactions, national income and product, 
and input-output accounts and the international investment position of 
the United States. The data are needed to measure the size and economic 
significance of foreign direct investment in the United States, measure 
changes in such investment, and assess its impact on the U.S. economy.
    Affected Public: Businesses or other for-profit organizations.
    Frequency: Quarterly.
    Respondent's Obligation: Mandatory.
    This information collection request may be viewed at 
www.reginfo.gov. Follow the instructions to view Department of Commerce 
collections currently under review by OMB.
    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to OIRA [email protected] or fax to (202) 395-5806.

Sheleen Dumas,
Departmental PRA Lead, Office of the Chief Information Officer.
[FR Doc. 2017-26010 Filed 12-1-17; 8:45 am]
BILLING CODE 3510-06-P