The AICPA will release the results of the AICPA PFSi (Personal Financial Satisfaction Index), a quarterly economic gauge that measures the personal financial standing of a typical American, at 7:00 a.m. EDT on Thursday, April 16.
The PFSi measures a variety of economic factors to calculate the personal financial satisfaction of a typical American. Using both proprietary and normalized U.S. government data, the PFSi measures 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. The 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.
The Q1 2015 PFSi will be posted on the AICPA Press Center.
For more information on the PFSi, head to the AICPA's site here.