[Federal Register: May 10, 2004 (Volume 69, Number 90)]
[Notices]               
[Page 25879-25880]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10my04-35]                         

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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: U.S. Census Bureau.
    Title: Quarterly Financial Report (QFR).
    Form Number(s): QFR-103(NB), QFR-101(MG), QFR-102(TR), and QFR-
101A(MG).
    Agency Approval Number: 0607-0432.
    Type of Request: Extension of a currently approved collection.
    Burden: 84,576 hours.
    Number of Respondents: 14,353.
    Avg Hours Per Response: 2 hours and 6 minutes.
    Needs and Uses: The QFR Program has published up-to-date aggregate 
statistics on the financial results and position of U.S. corporations 
since 1947. It is a principal economic indicator that also provides 
financial data essential to calculation of key U.S. Government measures 
of national economic performance. The importance of this data 
collection is reflected by the granting of specific authority to 
conduct the program in Title 13 of the United States Code, Section 91, 
which requires

[[Page 25880]]

that financial statistics of business operations be collected and 
published quarterly. Public Law 105-252 extended the authority of the 
Secretary of Commerce to conduct the QFR Program under Section 91 
through September 30, 2005. The Census Bureau is currently reviewing 
steps necessary to reauthorize that authority. The main purpose of the 
QFR is to provide timely, accurate data on business financial 
conditions for use by Government and private-sector organizations and 
individuals. Diverse groups use these data including foreign countries, 
universities, financial analysts, unions, trade associations, public 
libraries, banking institutions, and U.S. and foreign corporations. The 
primary users are U.S. Governmental organizations charged with economic 
policymaking responsibilities. These organizations play a major role in 
providing guidance, advice, and support to the QFR Program.
    Affected Public: Business or other for-profit.
    Frequency: Quarterly and annually.
    Respondent's Obligation: Mandatory.
    Legal Authority: Title 13 U.S.C., Section 91 and Public Law 105-
252.
    OMB Desk Officer: Susan Schechter, (202) 395-5103.
    Copies of the above information collection proposal can be obtained 
by calling or writing Diana Hynek, Departmental Paperwork Clearance 
Officer, (202) 482-0266, Department of Commerce, room 6625, 14th and 
Constitution Avenue, NW., Washington, DC 20230 (or via the Internet at 
dhynek@doc.gov).

    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to Susan Schechter, OMB Desk Officer either by fax (202-395-7245) or e-
mail (susan_schechter@omb.eop.gov).

    Dated: May 4, 2004.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 04-10505 Filed 5-7-04; 8:45 am]

BILLING CODE 3510-07-P