MTSI Manufacturing PMI Composite Indexes: August 2025 (1st Estimate)

| Index | July 2025 | August 2025 |
|---|---|---|
| General PMI | -0.22 | -0.36 |
| Shipments | -0.17 | -0.53 |
| New Orders | -0.44 | -0.58 |
| Production | 0.03 | 0.03 |
| Employment | -0.45 | -0.62 |
| Prices Paid | 0.93 | 0.99 |
| Prices Received | 0.81 | 0.80 |
The MTSI Manufacturing PMI Composite slipped to -0.36 in August 2025, down from -0.22 in July, reflecting a deeper contraction in factory activity with 2/9 PMIs reported and the flash S&P PMI data.
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Shipments weakened to -0.53 (Jul: -0.17), pointing to a sharper decline in output delivered.
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New orders fell further to -0.58 (Jul: -0.44), signaling continued soft demand conditions.
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Production held steady at 0.03 for the second month, remaining just above neutral.
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Employment dropped to -0.62 (Jul: -0.45), showing a faster pace of job losses.
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Prices Paid rose to 0.99 (Jul: 0.93), while Prices Received edged down slightly to 0.80 (Jul: 0.81), indicating persistent input cost pressures with limited pricing power.
