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Federal Register / Vol. 73, No.

15 / Wednesday, January 23, 2008 / Notices 4011

VII. Agency Contacts return the completed application to the of Management Systems, Bureau of
For further information regarding this Omb. Send it to the sponsoring agency Labor Statistics, Room 4080, 2
SGA, please contact Ariam Ferro, Grants as specified in this solicitation. Massachusetts Avenue, NE.,
This information is being collected for Washington, DC 20212, 202–691–7628.
Management Specialist, Division of
the purpose of awarding a grant. The (This is not a toll free number.)
Federal Assistance, at (202) 693–3968
information collected through this SGA FOR FURTHER INFORMATION CONTACT:
(This is not a toll-free number).
will be used by DOL to ensure that Amy A. Hobby, BLS Clearance Officer,
Applicants should fax all technical
grants are awarded to the applicant best 202–691–7628. (See ADDRESSES section.)
questions to (202) 693–2705 and must
suited to perform the functions of the
specifically address the fax to the SUPPLEMENTARY INFORMATION:
grant. Submission of this information is
attention of Ariam Ferro and should
required in order for the applicant to be I. Background
include SGA/DFA PY 07–07, a contact
considered for award of this grant. The Producer Price Index (PPI), one of
name, fax and phone number.
Unless otherwise specifically noted in the Nation’s leading economic
This announcement is being made
this announcement, information indicators, is used as a measure of price
available on the ETA Web site at
submitted in the respondent’s movements, as an indicator of
http://www.doleta.gov/sga/sga.cfm and
application is not considered to be inflationary trends, for inventory
at http://www.grants.gov.
confidential. valuation, and as a measure of
Part VIII. Resources and Other Signed at Washington, DC, this 15th day of purchasing power of the dollar at the
Information January, 2008. primary-market level. It also is used for
Resources for the Applicant. DOL Eric D. Luetkenhaus, market and economic research and as a
maintains a number of web-based Grant Officer, Employment and Training basis for escalation in long-term
resources that may be of assistance to Administration. contracts and purchase agreements.
applicants. The webpage for the ETA’s [FR Doc. E8–1061 Filed 1–22–08; 8:45 am] Producer Price Index data provide a
Business Relations Group (http:// BILLING CODE 4510–FN–P description of the magnitude and
www.doleta.gov/BRG) is a valuable composition of price change within the
source of background on the HGJTI. economy, and serve a wide range of
America’s Service Locator (http:// DEPARTMENT OF LABOR governmental needs. This family of
www.servicelocator.org) provides a indexes are closely followed, monthly
directory of our nation’s One-Stop Bureau of Labor Statistics statistics which are viewed as sensitive
Career Centers. Applicants are Proposed Collection, Comment indicators of the economic environment.
encouraged to review ‘‘Understanding Request Price data are vital in helping both the
the Department of Labor Solicitation for President and Congress set fiscal-
Grant Applications and How to Write an ACTION: Notice. spending targets. Producer prices are
Effective Proposal’’ (http://www/ monitored by the Federal Reserve Board
dol.gov/cfbci/sgabrochure.htm). For a SUMMARY: The Department of Labor, as Open Market Committee to help decide
basic understanding of the grants part of its continuing effort to reduce monetary policy. Federal policy-makers
process and basic responsibilities of paperwork and respondent burden, at the Department of Treasury and the
receiving Federal grant support, please conducts a pre-clearance consultation Council of Economic Advisors utilize
see ‘‘Guidance for Faith-Based and program to provide the general public these statistics to help form and
Community Organizations on Partnering and Federal agencies with an evaluate monetary and fiscal measures
with the Federal Government (http:// opportunity to comment on proposed and to help interpret the general
www.fbci.gov). and/or continuing collections of business environment. In addition, it is
information in accordance with the common to find one or more PPIs, alone
Other Information Paperwork Reduction Act of 1995 or in combination with other measures,
OMB Information Collection No. 1205– (PRA95) [44 U.S.C. 3506(c) (2)(A)]. This used to escalate the delivered price of
0458 program helps to ensure that requested goods for government purchases.
Expires September 30, 2009 data can be provided in the desired In addition to governmental uses, PPI
According to the Paperwork format, reporting burden (time and data are regularly put to use by the
Reduction Act of 1995, no persons are financial resources) is minimized, private sector. Private industry uses PPI
required to respond to a collection of collection instruments are clearly data for contract escalation. For one
information unless such collection understood, and the impact of collection particular method of tax-related Last-In-
displays a valid OMB control number. requirements on respondents can be First-Out (LIFO) inventory accounting,
Public reporting burden for this properly assessed. The Bureau of Labor the Internal Revenue Service suggests
collection of information is estimated to Statistics (BLS) is soliciting comments that firms use PPI data for making
average 20 hours per response, concerning the proposed extension calculations. Private businesses make
including time for reviewing without change of a currently approved extensive use of industrial price data for
instructions, searching existing data collection for the ‘‘Producer Price planning and operation. Price trends are
sources, gathering and maintaining the Index’’ survey. A copy of the proposed used to assess the condition of markets.
data needed, and completing and information collection request (ICR) can Firms commonly compare the prices
reviewing the collection of information. be obtained by contacting the individual they pay for material inputs as well as
Send comments regarding the burden listed below in the Addresses section of prices they receive for products that
estimated or any other aspect of this this notice. they make and sell with changes in
DATES: Written comments must be
ebenthall on PROD1PC69 with NOTICES

collection of information, including similar PPIs.


suggestions for reducing this burden, to submitted to the office listed in the Economic researchers and forecasters
the U.S. Department of Labor, the OMB Addresses section of this notice on or also put the PPI to regular use. PPIs are
Desk Officer for ETA, Office of before March 24, 2008. widely used to probe and measure the
Management and Budget, Room 10235, ADDRESSES: Send comments to Amy A. interaction of market forces. Some
Washington, DC 20503. Please do not Hobby, BLS Clearance Officer, Division examples of research topics that require

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4012 Federal Register / Vol. 73, No. 15 / Wednesday, January 23, 2008 / Notices

extensive price data include: The Product, require accurate price data in • Evaluate the accuracy of the
identification of varying price order to convert nominal to constant- agency’s estimate of the burden of the
elasticities and the degree of cost pass- dollar values. Inflation-free national proposed collection of information,
through in the economy, the income accounting figures are vital to including the validity of the
identification of potential lead and lag fiscal and monetary policy-makers when methodology and assumptions used.
structures among price changes, and the setting objectives and targets. It is • Enhance the quality, utility, and
identification of prices which exert conservatively estimated that hundreds- clarity of the information to be
major impacts throughout market of-billions of dollars worth of contracts collected.
structures. and purchase agreements employ PPIs
• Minimize the burden of the
II. Current Action as part of price-adjustment clauses.
collection of information on those who
Failure to calculate data would tend to
Office of Management and Budget are to respond, including through the
extend the time frame required for
clearance is being sought for the use of appropriate automated,
accurate recognition of and appropriate
Producer Price Index survey. electronic, mechanical, or other
adaptation to economic events.
The PPI collection is not a one-time technological collection techniques or
project with an end date. The purpose III. Desired Focus of Comments other forms of information technology,
of the PPI collection is to accumulate e.g., permitting electronic submissions
data for the ongoing, monthly The Bureau of Labor Statistics is of responses.
publication of the PPI family of indexes. particularly interested in comments Type of Review: Extension without
The Bureau of Labor Statistics must that: change of a currently approved
continue collecting data for the PPI • Evaluate whether the proposed collection.
since both policy and business planning collection of information is necessary Agency: Bureau of Labor Statistics.
are affected by the completeness of the for the proper performance of the
description of price trends. Dollar- functions of the agency, including Title: Producer Price Index Survey
denominated measures of economic whether the information will have OMB Number: 1220–0008.
performance, such as Gross Domestic practical utility. Affected Public: Private Sector.

Average time Estimated


Total Total
Form Frequency per response total burden
respondents responses (min) (hours)

BLS 1810A, A1, B, C, C1, and E ........................................... 6,294 once ............ 6,294 120 12,588
BLS 473P ............................................................................... 26,250 monthly ........ 1,260,000 18 378,000

Totals ............................................................................... 32,544 ..................... 1,266,294 ........................ 390,588

Total Burden Cost (capital/startup): Aeronautics and Space Administration be required to sign a register and to
$0. announces a meeting of the NASA comply with NASA security
Total Burden Cost (operating/ Advisory Council. The agenda for the requirements, including the
maintenance): $0. meeting includes updates from each of presentation of a valid picture ID, before
Comments submitted in response to the Council committees, including receiving an access badge. All attendees
this notice will be summarized and/or discussion and deliberation of potential will need to provide the following
included in the request for Office of recommendations. The Council information to receive an access badge:
Management and Budget approval of the Committees address NASA interests in Full name; gender; date/place of birth;
information collection request; they also the following areas: Aeronautics, Audit citizenship; employer/affiliation
will become a matter of public record. and Finance, Space Exploration, Human
information (name of institution,
Signed at Washington, DC, this 16th day of
Capital, Science, and Space Operations.
address, county, phone) and title/
January 2008. DATES: Thursday, February 7, 2008, 9:15
position. Foreign Nationals will need to
Cathy Kazanowski, a.m.–5 p.m.
provide the following additional
Chief, Division of Management Systems, ADDRESSES: National Aeronautics and
information; visa/green card
Bureau of Labor Statistics. Space Administration, 300 E Street, information (number, type, expiration
[FR Doc. E8–1063 Filed 1–22–08; 8:45 am] SW., Rooms 3P44/3P50, James E. Webb
date). To expedite admittance, attendees
Memorial Auditorium (overflow room),
BILLING CODE 4510–24–P
NASA Headquarters, Washington, DC can provide their identifying
20546. information in advance by contacting
Ms. Marla K. King via e-mail at
NATIONAL AERONAUTICS AND FOR FURTHER INFORMATION CONTACT: Mr. marla.k.king@nasa.gov or by telephone
SPACE ADMINISTRATION Paul A. Iademarco, Designated Federal at (202) 358–1148. Persons with
Official, National Aeronautics and
[Notice 08–008] disabilities who require assistance
Space Administration, Washington, DC
should indicate this.
20546, 202/358–1318.
NASA Advisory Council; Meeting Dated:January 15, 2008.
SUPPLEMENTARY INFORMATION: The
AGENCY: National Aeronautics and meeting will be open to the public up P. Diane Rausch,
ebenthall on PROD1PC69 with NOTICES

Space Administration. to the seating capacity of the rooms with Advisory Committee Management Officer,
ACTION: Notice of meeting. additional seating capacity in the James National Aeronautics and Space
E. Webb Auditorium. It is imperative Administration
SUMMARY: In accordance with the that the meeting be held on this date to [FR Doc. E8–1070 Filed 1–22–08; 8:45 am]
Federal Advisory Committee Act, Public accommodate the scheduling priorities BILLING CODE 7510–13–P
Law 92–463, as amended, the National of the key participants. Attendees will

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