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

| Index | July 2025 | August 2025 |
|---|---|---|
| General PMI | -1.04 | -1.07 |
| Activity | -0.52 | -0.57 |
| Revenue | -0.53 | -0.53 |
| New Orders | -0.40 | -0.4 |
| Employment | -0.88 | -0.97 |
| Prices Paid | 0.34 | 0.33 |
| Prices Received | 0.14 | 0.19 |
| Wages | -0.58 | -0.58 |
The MTSI Services PMI Composite Index edged lower to -1.07 in August 2025, mostly unchanged from -1.04 in July, indicating continued mild contraction in the services sector with just 1/8 surveys reported and flash S&P PMI data.
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Activity slipped to -0.57 (Jul: -0.52), showing a slightly faster pace of decline.
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Revenue held unchanged at -0.53, suggesting stable but weak business conditions.
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New Orders stayed at -0.40, pointing to flat demand momentum.
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Employment fell further to -0.97 (Jul: -0.88), reflecting deeper contraction in hiring.
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Prices Paid eased to 0.33 (Jul: 0.34), while Prices Received rose to 0.19 (Jul: 0.14), indicating stable input costs with modest improvement in selling prices.
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Wages remained at -0.58, showing persistent pressure on labor compensation.
