MTSI Manufacturing PMI Composite Indexes: October 2025 (Final)
| Index | September 2025 | October 2025 |
|---|---|---|
| General PMI | -0.43 | -0.47 |
| Shipments | -0.46 | 0.14 |
| New Orders | -0.65 | -0.12 |
| Production | -0.30 | 0.05 |
| Employment | -0.59 | -0.42 |
| Prices Paid | 0.63 | 0.58 |
| Prices Received | 0.35 | 0.63 |
The MTSI Manufacturing PMI General PMI Composite Index weakened slightly to -0.47 in October (from -0.43 in September), reflecting a modest deepening in contraction as demand indicators improved and price pressures were roughly stable, with all PMIs reported.
- The Shipments and Production indexes both moved from moderately negative readings to slightly positive readings, suggesting an improvement in operating conditions.
- The New Orders index trailed the operating indicators but only slightly and actually improved significantly from -0.65 in September to -0.12 in October.
- The Employment index remains the weakest component, but it improved slightly from -0.59 in September to -0.42 in October.
- Both Prices Paid and Prices Received are trending below the near-term peaks set over the summer but are also still well above 2024 readings.
