Search Results for keywords:"Bureau of Economic Analysis"

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Search Results: keywords:"Bureau of Economic Analysis"

  • Type:Notice
    Citation:90 FR 10885
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has announced the mandatory Annual Survey of Foreign Ocean Carriers' Expenses in the United States, known as BE-29. This survey collects data to understand the expenses of foreign ocean carriers in the U.S. and measure trade in transport services, which is crucial for analyzing its impact on both the U.S. and foreign economies. Entities required to respond include U.S. agents who managed 40 or more foreign carrier port calls or had expenses of $250,000 or more. Responses must be submitted within 45 days after the calendar year ends.

    Simple Explanation

    The Bureau of Economic Analysis wants to know how much money foreign boats spend when they visit the U.S., and they ask people who help these boats to tell them about it every year. This helps them understand how this spending affects both America and other countries.

  • Type:Notice
    Citation:90 FR 10884
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, issued a notice about the mandatory BE-605 survey. This survey gathers data on foreign direct investment in the U.S., focusing on transactions between U.S. affiliates and foreign parent companies. Companies with at least 10% foreign ownership must complete this survey quarterly, except for the final report of the financial year, which is due within 45 days. The survey is authorized by the International Investment and Trade in Services Survey Act, and more information can be found on the BEA's website.

    Simple Explanation

    The U.S. government wants some businesses to tell them about money they get from other countries, so they can understand how it helps America. This is like asking a kid to say if another kid gave them a toy, so everyone knows how many toys are coming in and how they're being used.

  • Type:Notice
    Citation:90 FR 10880
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA) of the Commerce Department has issued a notice about the mandatory Quarterly Survey of Ocean Freight Revenues and Foreign Expenses of U.S. Carriers (BE-30). This survey helps measure trade in transport services and its impact on both the U.S. and foreign economies. U.S. ocean carriers with revenues or expenses of $500,000 or more must report their information each quarter. Survey forms can be submitted electronically, or by mail or fax, and are due 30 days after each quarter ends.

    Simple Explanation

    The Bureau of Economic Analysis in the U.S. wants to know how much money is made and spent by American ships when they carry stuff to other countries. If they make or spend a lot, they have to fill out and send a form every three months.

  • Type:Notice
    Citation:90 FR 10883
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has issued a notice regarding the mandatory Quarterly Survey of Transactions in Selected Services and Intellectual Property with Foreign Persons (BE-125). This survey collects data to measure the U.S.'s trade in services and its impact on the economy. U.S. individuals or organizations meeting certain sales or purchase thresholds with foreign persons are required to report. The survey must be submitted within 30 days after each fiscal quarter ends, except for the final quarter, which has a 45-day deadline. The survey process is approved by the Office of Management and Budget under control number 0608-0067.

    Simple Explanation

    The Bureau of Economic Analysis wants to know about how certain businesses in the U.S. trade services with people from other countries, so they ask these businesses to fill out a special form every few months to help them understand this trade better. If a business sells or buys enough services or intellectual things like music or inventions from or to other countries, they have to tell the BEA by filling out the form.

  • Type:Notice
    Citation:90 FR 10885
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has announced a mandatory survey for U.S. insurance companies that deal with foreign entities, called the Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons (BE-45). This survey aims to collect data on the trade of insurance services between the U.S. and foreign entities to understand the impact of U.S. trade. U.S. companies that have insurance transactions surpassing $8 million in a year must report, and BEA will contact those required to file the survey. Reports are due within 30 days after the end of each calendar quarter, except the final quarter, which has a 45-day deadline.

    Simple Explanation

    The government is asking U.S. insurance companies that do business with other countries to tell them about these activities every three months, so they can understand how much buying and selling is happening. Only the companies that do a lot more than usual need to report, like more than $8 million a year.

  • Type:Notice
    Citation:90 FR 10882
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, announced a mandatory survey called the Quarterly Survey of Financial Services Transactions (BE-185) to measure trade in financial services between U.S. providers and foreign persons. This survey is essential for understanding the impact of U.S. trade both domestically and internationally and is authorized by relevant trade acts. U.S. companies involved in these transactions exceeding specific thresholds are required to report, with details on how and when to submit the reports provided. The survey process is overseen by the Office of Management and Budget and has an estimated completion time of 10 hours per response.

    Simple Explanation

    The government wants to know how many "financial services"β€”like banking and money managementβ€”are traded between people in the U.S. and other countries. They made a rule that some U.S. companies have to fill out a survey about this every few months to help them understand the economy.

  • Type:Notice
    Citation:90 FR 10881
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, is conducting a mandatory survey called the Quarterly Survey of U.S. Airline Operators' Foreign Revenues and Expenses (BE-37). This survey collects data from U.S. airline operators involved in international transportation if their total revenues or expenses are $500,000 or more. Reports must be submitted using BEA's electronic system, and they are due 30 days after the end of each quarter. The survey aims to measure U.S. trade in transport services and is authorized by the International Investment and Trade in Services Survey Act.

    Simple Explanation

    The government wants to know how much money airlines make and spend when flying to other countries, to help understand how this affects the economy. So, it asks big U.S. airlines to tell them these details every few months.

  • Type:Notice
    Citation:90 FR 10883
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA), part of the Department of Commerce, has announced the requirement for U.S. businesses to participate in a mandatory survey known as the BE-577, which collects data on U.S. direct investment abroad. This survey assesses the financial interactions and investment positions between U.S. parent companies and their foreign affiliates. Companies that hold a significant ownership stake in foreign enterprises will be individually contacted by the BEA to submit their reports, which are due 30 to 45 days after each financial quarter. This initiative is authorized by the International Investment and Trade in Services Survey Act, and reporting instructions are available on the BEA's website.

    Simple Explanation

    The U.S. government wants to know how much money American businesses invest in other countries, so they ask these businesses to fill out a special form every three months. This helps them understand how these investments affect people both in America and in other countries.

  • Type:Notice
    Citation:90 FR 10886
    Reading Time:about 3 minutes

    The Bureau of Economic Analysis (BEA) of the Department of Commerce has announced it is conducting the BE-9 survey, which is mandatory for U.S. representatives of foreign airlines that have significant revenue or expenses in the U.S. The survey gathers data on these airlines' revenues, expenses, and passenger numbers. U.S. entities that meet the criteria will be contacted by BEA and must submit their reports within 30 days after each quarter. The survey aims to help analyze U.S. trade in transport services and is authorized by federal law.

    Simple Explanation

    The government wants certain foreign airlines that make or spend a lot of money in the U.S. to tell them about their earnings and costs every three months, so they can understand how this affects trade and the economy. However, the rules might be confusing about who exactly needs to report, and they don't clearly say what happens if someone doesn't follow them.