[Federal Register: August 12, 2005 (Volume 70, Number 155)]
[Notices]
[Page 47175-47176]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr12au05-44]
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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: Housing Vacancy Survey (HVS).
Form Number(s): HVS-600, BC-1428RV, CPS-263(L).
Agency Approval Number: 0607-0179.
Type of Request: Extension of a currently approved collection.
Burden: 3,910 hours.
Number of Respondents: 6,518.
Avg Hours Per Response: 3 minutes.
Needs and Uses: The U.S. Census Bureau seeks OMB clearance for the
collection of demographic information in the Housing Vacancy Survey
(HVS). The HVS has been conducted since 1956 and serves a broad array
of data users.
The Census Bureau collects the HVS data for a sample of vacant
housing units identified in the monthly Current Population Survey (CPS)
sample. The HVS provides the only quarterly statistics on rental
vacancy rates, and home ownership rates for the United States, the four
census regions, inside vs. outside metropolitan areas (MAs), the 50
States, the District of Columbia, and the 100 largest MAs. Private and
public sector organizations use these rates extensively to gauge and
analyze the housing market. In addition, the rental vacancy rate is a
component of the index of leading economic indicators published by the
Department of Commerce.
Several other government agencies use these data on a continuing
basis. For example, the Bureau of Economic Analysis uses the HVS data
in calculating consumer expenditures for housing as a component of the
gross domestic product; the Office of Thrift Supervision uses these
data to project mortgage demands; and the Department of Housing and
Urban Development relies on the HVS data to measure the adequacy of the
supply of rental and homeowner units. The National Association of Home
Builders, the National Association of Realtors, the Federal National
Mortgage Association, the Federal Reserve Board, the Home Loan Mortgage
Corporation, and the American Federation of Labor-Congress of
Industrial Organizations (AFL-CIO) are among the many users in the
private sector who routinely use the HVS data in making policy
decisions relating to the housing market. In addition, investment firms
use the HVS data to analyze market trends and for economic forecasting.
Affected Public: Individuals or households.
[[Page 47176]]
Frequency: Monthly.
Respondent's Obligation: Voluntary.
Legal Authority: Title 13 U.S.C., Section 182.
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: August 9, 2005.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 05-16032 Filed 8-11-05; 8:45 am]
BILLING CODE 3510-07-P