Wed03042015

Last updateWed, 04 Mar 2015 1pm

Back You are here: Home News Industry Headlines Manufacturing & The Economy Feds Delay Proposed ‘Factoryless Goods Producer’ Category

Manufacturing & The Economy

Feds Delay Proposed ‘Factoryless Goods Producer’ Category

The Office of Management and Budget (OMB) is announcing that the Factoryless Goods Producer (FGP) recommendation will not be implemented in 2017. The August 17, 2011, the OMB required Federal statistical agencies to implement the FGP classification beginning no later than 2017. However, the Economic Classification Policy Committee (ECPC), which advises OMB, recently reported that results of preliminary research on the effectiveness of survey questions designed to identify Factoryless Goods Producers shows inconsistent results. These results indicate that questions tested in the 2012 Economic Census fail to yield responses that provide accurate and reliable identification and classification of FGPs. The ECPC has advised that additional research, testing, and evaluation are required to find a method for accurate identification and classification of FGPs, and that this process could take several years.  

New Products

 

Valve Magazine Digital Edition

15 WNT CVR 160x214Inside the Winter 2015 issue…

• Your Control Systems Are at Risk!
• Building a Better Workforce
• Focus on the Offshore Market
• Forgings: Quality with a Cost

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL

best steroids cycles for mass underground steroids best legal prohormone sustanon 250 australia dbols results