MTSI Manufacturing PMI Composite Indexes: October 2025 (2nd Estimate)

| Index | September 2025 | October 2025 |
|---|---|---|
| General PMI | -0.43 | -0.69 |
| Shipments | -0.46 | -0.22 |
| New Orders | -0.65 | -0.27 |
| Production | -0.30 | 0.09 |
| Employment | -0.59 | -0.60 |
| Prices Paid | 0.63 | 0.72 |
| Prices Received | 0.35 | 0.71 |
The MTSI Manufacturing PMI General PMI Composite Index weakened slightly to -0.69 in October (from -0.43 in September), reflecting a modest deepening in contraction as demand indicators remained subdued while price pressures firmed, with 4 out of 9 PMIs reported.
- The Shipments index rose to -0.22 (from -0.46), indicating slower contraction in output movement.
- New Orders improved to -0.27 (from -0.65), suggesting softer but still negative order growth.
- Production turned slightly positive at +0.09 (from -0.30), marking a return to marginal expansion.
- The Employment index edged lower to -0.60 (from -0.59), showing continued softness in labor conditions.
- The Prices Paid index increased to +0.72 (from +0.63), indicating stronger cost pressures.
- The Prices Received index climbed to +0.71 (from +0.35), signaling higher selling prices despite weak demand.
