New AICPA personal finance index shows recovery’s effects

The AICPA today released a new economic barometer, the PFSi (Personal Financial Satisfaction Index), which weighs a variety of economic factors to calculate the financial standing of a typical American. The PFSi debuted at +6.6, and calculated retroactively, shows an increase of 6.5 points from the previous quarter and 14.9 points from one year ago, showing the economic recovery is translating into improvements in Americans’ finances.