The
Using both proprietary and normalized U.S. government data, the PFSi is made up of two components that measure positive ("Personal Financial Pleasure") and negative ("Personal Financial Pain") factors equally.
"Pleasure" factors include the proprietary PFS 750 Market Index, comprised of the 750 largest companies by market capitalization trading on the U.S. market, excluding mutual funds and ETFs. Additional components are the AICPA’s CPA Outlook Index, as well as Real Home Equity Per Capita and Job Openings Per Capita.
"Pain" factors include inflation, personal taxes, loan delinquencies and underemployment.
For more information on the PFSi, head to the AICPA's