Federal Register #2026-21357

BEA Seeks Comments on Proposed Changes to the BE-125 Quarterly Survey

The Bureau of Economic Analysis is seeking public comments on proposed updates to its BE-125 survey, not purchasing goods or services. - Government buyer: None; this is a public information-collection notice from the Bureau of Economic Analysis (BEA), within the U.S. Department of Commerce. - Proposed survey changes: - Collect more detail about data and database intellectual property rights and compilation services. - Revise the classification of other information and personal services. - Raise reporting thresholds to more than $20 million in covered sales or more than $12 million in covered purchases. - Purpose: Gather information on U.S. persons’ transactions in selected services and intellectual property with foreign persons, supporting analysis of U.S. services trade and the compilation of U.S. economic accounts. - Estimated survey scale: 10,000 annual respondents and 162,000 total annual burden hours; BEA anticipates no change in average burden hours per response from the proposed category changes. - No products, services, quantities, part numbers, OEMs, vendors, contract value, or procurement period of performance are identified.

Description

The Department of Commerce invites comments on the BE-125 quarterly survey of U.S. persons’ transactions in selected services and intellectual property with foreign persons. The Bureau of Economic Analysis proposes to add detail for data and database transactions and personal services, and to raise the sales and purchase reporting thresholds. The notice provides 60 days for public comment before the collection is submitted to OMB; comments are due December 18, 2026. The survey collects information used to measure U.S. trade in services and support U.S. economic accounts and trade policy.

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