MTSI Manufacturing PMI Composite Indexes: July 2025 (2nd Estimate)
| Index | June 2025 | July 2025 |
|---|---|---|
| General PMI | -0.95 | -0.49 |
| Shipments | -0.64 | -0.37 |
| New Orders | -0.84 | -0.50 |
| Production | -0.41 | -0.70 |
| Employment | -0.77 | -0.49 |
| Prices Paid | 0.76 | 0.98 |
| Prices Received | 1.06 | 1.10 |
The MTSI Manufacturing PMI Composite Index improved to -0.49 in July from -0.95 in June, signaling some recovery in manufacturing conditions despite staying in negative territory with 5/9 surveys reported.
- Shipments rose to -0.37 (from -0.64), while new orders improved to -0.50 (from -0.84), indicating a modest rebound in demand.
- Employment ticked higher to -0.49 (from -0.77), though still below average.
- Prices Paid increased to 0.98 (from 0.76) and Prices Received rose to 1.10 (from 1.06), suggesting rising inflation pressures in the supply chain.
- Despite the uptick, production weakened to -0.70 (from -0.41), pointing to ongoing strain in output capacity.
