MTSI Manufacturing PMI Composite Indexes: June 2025 (1st Estimate)
| Index | May 2025 | June 2025 |
|---|---|---|
| General PMI | -0.94 | -1.03 |
| Shipments | -1.14 | -0.89 |
| New Orders | -0.63 | -0.98 |
| Production | -1.03 | -1.03 |
| Employment | -0.15 | -0.56 |
| Prices Paid | 0.85 | 0.54 |
| Prices Received | 1.01 | 0.79 |
The MTSI Manufacturing PMI Composite Index eased from -0.94 in May to -1.03 in June, as early reports on manufacturing conditions pointed to a slight decline over the last month.
- The New Orders index rebounded strongly in May, but has given back those gains in June.
- Employment also improved in May to near the historical average at -0.15, but a weak reading in the Philadelphia Fed survey reversed some of that gain.
- Inflationary pressures, both input and output, appear to have peaked in April and have eased in the last two months of Q2 2025.
