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Financial satisfaction stays high, but economic concerns remain

by Anita Dennis | Nov 06, 2019   ()

Americans’ personal financial satisfaction remains high, but it continued to edge lower in the third quarter of this year, according to the AICPA Personal Financial Satisfaction Index (PFSi), a quarterly economic indicator that was released Thursday. In the third quarter of 2019, the PFSi stood at 37.3, a 1.4-point (3.6%) drop from the previous quarter.

Despite three quarters of decline in the past year, however, the PFSi is still close to recent record highs. It is up 4.5 points (13.8%) from the third quarter of last year.

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Source: Journal of Accountancy

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