Experts Available to Discuss Slowing Personal Income Growth.

TOPIC: Personal income growth increased by 0.1% in July, according to an article by Dow Jones Newswires. July showed the smallest increase in personal income growth since August 2002. Some economists expected personal income growth to increase by 0.4% for the month.

EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story:

Madeline Schnapp is a senior research analyst with TrimTabs Investment Research who specializes in identifying emerging trends that significantly impact the financial markets. Ms. Schnapp tracks the cash side of the liquidity equation using approximately 120 cash-related economic indicators. Her investment research provides portfolio managers and market strategists with macro-timing tools upon which to base trading and investment decisions. She is available to the media for commentary and to develop articles about stock market and economic indicators. Schnapp looked further into the U.S. Bureau of Economic Analysis' (BEA) personal income report because it ran counter to their economic indicators and the average 5% year-over-year growth in wages and salaries they have measured since December 2003. Her findings show the decline in personal income in July was due to a $10.9 billion decline in government social benefit payments to individuals.

David McCarron, managing director of McCarron CPAs, offers advice in the area of corporate and personal tax planning, business succession planning, business growth and development and retirement planning.

Laura D'Andrea Tyson, who returned to the University of California at Berkeley in 1997 to accept an endowed chair as Professor of Economics and Business Administration, is a member of LECG's newly formed Economic Policy and Strategy practice. From 1993-1996, Dr. Tyson served with cabinet rank in the first Clinton Administration, first as chair of the White House Council of Economic Advisers, then as National Economic Adviser to the President and chair of the National Economic Council. Prior to her White House service, Dr. Tyson was Director of UC Berkeley's Institute of International Studies and Director of Research at the Berkeley Roundtable on the International Economy. She has been a visiting scholar at the Institute of International Economics and visiting professor at Harvard Business School and Massachusetts Institute of Technology (MIT). In addition, she has served on presidential commissions addressing industrial competitiveness and has consulted frequently for private industrial and financial companies, industry associations, and other government task forces and agencies. Among her extensive economic and policy publications, she has authored three books and co-authored seven others, addressing such diverse subjects as economic development and competitiveness, international trade, education, employment, health care, and emerging market economies in central Europe and Asia. Since completing her White House service, Dr. Tyson has been named director or trustee of several major corporations and non-profit institutions.

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