MTSI Services PMI Composite Indexes: September 2025 (1st Estimate)
| Index | August 2025 | September 2025 |
|---|---|---|
| General PMI | -0.17 | -0.25 |
| Activity | -0.10 | -0.24 |
| Revenue | 0.05 | 0.05 |
| New Orders | 0.36 | 0.36 |
| Employment | -1.11 | -1.24 |
| Prices Paid | 0.75 | 0.73 |
| Prices Received | 0.28 | 0.29 |
| Wages | -0.20 | -0.19 |
The MTSI Services PMI Composite slipped to -0.25 in September from -0.17 in August, reflecting a modest worsening in overall services conditions, with only 1 out of 8 PMIs reported.
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The Activity index fell to -0.24 from -0.10, pointing to weaker current output momentum.
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Revenue was unchanged at 0.05, suggesting steady sales conditions despite softer activity.
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New Orders held firm at 0.36, indicating stability in incoming demand compared with August.
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Employment declined further to -1.24 from -1.11, highlighting continued weakness in hiring relative to activity.
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Prices Paid eased slightly to 0.73 from 0.75, while Prices Received ticked up to 0.29 from 0.28, showing stable but moderating price dynamics.
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Wages edged up to -0.19 from -0.20, remaining slightly negative and consistent with broader labor softness.
