MTSI Services PMI Composite Indexes: October 2025 (2nd Estimate)
| Index | September 2025 | October 2025 |
|---|---|---|
| General PMI | -1.00 | -0.58 |
| Activity | -0.98 | -1.12 |
| Revenue | -1.00 | -1.28 |
| New Orders | -0.82 | -1.53 |
| Employment | -1.13 | -1.49 |
| Prices Paid | 0.48 | 0.43 |
| Prices Received | 0.15 | 0.13 |
| Wages | -0.70 | -0.42 |
The MTSI Services PMI General PMI Composite Index improved to -0.58 in October (from -1.00 in September), signaling a slower pace of contraction across the service sector as cost pressures moderated slightly, with 5 of 8 PMIs reported.
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The Activity index edged lower to -1.12 (from -0.98), indicating continued weakness in overall service output.
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Revenue softened further to -1.28 (from -1.00), showing a deeper pullback in business income.
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New Orders fell to -1.53 (from -0.82), marking a sharper decline in demand.
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Employment weakened to -1.49 (from -1.13), reflecting ongoing softness in labor conditions.
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Prices Paid eased to +0.43 (from +0.48), suggesting slightly reduced input cost growth.
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Prices Received slipped to +0.13 (from +0.15), indicating limited pricing power.
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Wages improved modestly to -0.42 (from -0.70), though compensation trends remain negative overall.
