Search Results for keywords:"Business Trends and Outlook Survey"

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Search Results: keywords:"Business Trends and Outlook Survey"

  • Type:Notice
    Citation:89 FR 102854
    Reading Time:about 5 minutes

    The Census Bureau of the Commerce Department is inviting public comments on updates to the Business Trends and Outlook Survey (BTOS). This survey, conducted every two weeks, provides important real-time data on how businesses are doing in the U.S., such as changes in revenue, employment, and the use of technologies like artificial intelligence. The bureau aims to improve the quality of data and reduce the reporting burden on businesses. Comments are welcomed to help assess and refine these updates before seeking approval from the Office of Management and Budget (OMB).

    Simple Explanation

    The government wants to know how businesses in the country are doing and is asking people for their thoughts on how to make a survey about it better. They promise to think about what everyone says but remind us that what people share might be seen by others.

  • Type:Notice
    Citation:90 FR 14229
    Reading Time:about 6 minutes

    The Department of Commerce is proposing to continue its information collection via the Business Trends and Outlook Survey (BTOS). This survey helps gather detailed, frequent, and timely data on U.S. economic conditions and trends. With a target of 795,000 respondents, the survey will be conducted biweekly and seeks to include more multi-unit businesses for comprehensive economic representation. The department is also revising the survey to focus on core questions and plans to extend it for another three years, along with a possibility of including updated questions on artificial intelligence. Public comments are invited within 30 days on the proposed collection.

    Simple Explanation

    The government wants to keep asking lots of businesses questions every two weeks to see how the economy is doing, like how you'd check up on your plants to make sure they're growing. They're changing the questions a bit and might ask new ones about robots and computers, and people can tell them what they think about this plan.