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TeachMeFinance.com - explain Palmer Drought Severity Index Palmer Drought Severity Index -- (Abbrev. PDSI) - an index used to gage the severity of drought conditions by using a water balance equation to track water supply and demand. This index is calculated weekly by the National Weather Service. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.