Search Results for keywords:"Annual Business Survey"

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Search Results: keywords:"Annual Business Survey"

  • Type:Notice
    Citation:90 FR 14231
    Reading Time:about 6 minutes

    The Department of Commerce is planning to submit an information collection request for the Annual Business Survey (ABS) to the Office of Management and Budget (OMB) for review. This survey aims to reduce the burden on businesses while gathering data on business characteristics, such as research and development, innovation, and demographics of business owners. The 2025 survey will include a reduced sample size and changes to the survey process to be more efficient, with data collected through an online questionnaire. This information will help various stakeholders, including government and business leaders, understand and assess business dynamics in the U.S.

    Simple Explanation

    The Department of Commerce wants to ask businesses questions every year to learn important things about them, but now they'll ask fewer people and use the internet to make it easier and cheaper. Some people worry this could mean missing out on important details and might make it harder for everyone to join in.

  • Type:Notice
    Citation:86 FR 8760
    Reading Time:about 7 minutes

    The Department of Commerce is collecting public comments on the Annual Business Survey (ABS), which gathers data to better understand business dynamics in the U.S. The survey, conducted by the Census Bureau, includes information on business owners' demographics, and research and development activities, particularly aiming to improve minority and disadvantaged groups' access to resources. For 2021, the survey will expand to cover more nonprofit organizations, adding to its 308,000 respondents. The collected data will support government programs and agencies, enhance business support services, and contribute to national economic analyses.

    Simple Explanation

    The Commerce Department is asking people to share their thoughts on a big survey that helps them learn about who owns businesses in the U.S. and what they do. This survey wants to hear more from nonprofits and will help the government make better plans for businesses, especially for those who might need more help.