ADVISORY/Experts Available to Discuss Drop in Consumer Confidence.Business Editors ADVISORY... --(BUSINESS WIRE) TOPIC: Data from the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. showed a surprising drop in consumer sentiment from 92.1 in May to 87.2 in June, according to an article by Reuters. The data came as a shock to analysts who believed rising stock prices would bolster consumer confidence. It is expected the Federal Reserve will cut interest rates this month due to the combination of decreased consumer sentiment and weakened wholesale prices. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Dr. Rajeev Dhawan is director of the Economic Forecasting Center at Georgia State University's Robinson College of Business. As director of the Center, Dhawan develops U.S., Southeast regional and local metro economy forecasts. Dhawan also serves as an advisor to educational institutions and local and state government agencies. As a business consultant, he has been commissioned to prepare economic impact reports, home price forecast models, and suggest public policy recommendations. He can also discuss interest rates and unemployment as they relate to the economy. 404-651-3291, rdhawan@gsu.edu Dr. Ednaldo Silva has extensive experience as a professional economist regarding pricing matters. Prior to joining LECG LECG Law and Economics Consulting Group LECG Laboratory of Ecological and Conservation Genetics , Dr. Silva was Chief Economist at Shearman & Sterling and Senior Economic Advisor at the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. Office of Chief Counsel. He contributed to drafting the U.S. transfer pricing regulations under Section 482, introducing the comparable profits method (TNMM under the OECD OECD: see Organization for Economic Cooperation and Development. Guidelines), best method rule, and arm's length range. Dr. Silva was the first economist in the U.S. Advance Pricing Agreement An Advance Pricing Agreement (APA) is an agreement between a taxpayer and the IRS on an appropriate transfer pricing methodology (TPM) for some set of transactions at issue (called "Covered Transactions"). (APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture ) Program, and has prepared several APAs since starting in private practice. 202-973-9888 Professor George A. Selgin, of the University of Georgia Organization The President of the University of Georgia (as of 2007, Michael F. Adams) is the head administrator and is appointed and overseen by the Georgia Board of Regents. , The Terry College of Business, is an expert in economics and deflation. 706-542-2734, 706-542-3000 (University PR Phone) ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/. |
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