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

Fri, Oct 24, 2025 · 12:00 PM ET Next release · Sep 23, 12:30 PM ET

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.