MTSI Manufacturing PMI Composite Indexes: July 2025 (1st Estimate)
| Index | June 2025 | July 2025 |
|---|---|---|
| General PMI | -0.95 | -0.38 |
| Shipments | -0.64 | -0.05 |
| New Orders | -0.84 | -0.38 |
| Production | -0.41 | -0.41 |
| Employment | -0.77 | -0.27 |
| Prices Paid | 0.76 | 1.02 |
| Prices Received | 1.06 | 1.15 |
The early reading of the MTSI Manufacturing PMI Composite Index improved to -0.38 in July, thanks to a rebound in the Philadelphia and New York Fed Manufacturing PMIs.
- The Shipment index saw jumped from -0.64 to -0.05 as activity improved in response to demand improving towards more normal conditions (up from -0.84 to -0.38).
- Employment remind slightly negative at -0.27, but the index has improved towards the highs of 2025.
- Both input and output price pressures intensified as Prices Paid and Prices Received were both at least 1 standard deviation above the mean.
