MTSI Services PMI Composite Indexes: July 2025 (Final)

Tue, Aug 5, 2025 · 12:00 PM ET Next release · Sep 23, 12:00 PM ET
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IndexJune 2025July 2025
General PMI-1.12-1.05
Activity-1.42-0.52
Revenue-1.37-0.53
New Orders-1.95-0.40
Employment-1.07-0.88
Prices Paid0.330.34
Prices Received-0.270.14
Wages-0.85-0.58

The MTSI Services PMI Composite Index improved slightly in July to -1.05 (from -1.12 in June), signaling ongoing mild contraction in the services sector with 8/8 PMIs now reported.

  • Activity rose to -0.52 (from -1.42), showing a notable rebound.
  • Revenue strengthened to -0.53 (from -1.37), suggesting improving business conditions.
  • New Orders recovered to -0.40 (from -1.95), indicating stabilizing demand.
  • Employment ticked up to -0.88 (from -1.07), but remains in contraction.
  • Prices Paid edged up to 0.34 (from 0.33), while Prices Received turned positive at 0.14 (from -0.27), reflecting slight pricing momentum.
  • Wages improved to -0.58 (from -0.85), showing easing downward pressure.
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