US October 2025 Preliminary PMI Released: Industry Expansion Signal

On September 23, 2025, Markit published the preliminary reading of the S&P Global US Composite PMI for October. The reported figure was 53.6; no consensus forecast was provided, and the previous value was also 53.6.Data definition: The PMI reflects purchasing managers’ assessments across manufacturing, services, and construction sectors, covering components such as new orders, employment, and prices. A reading above 50 indicates industry expansion, while below 50 signals contraction. Market impact: This indicator gauges the overall health of economic activity.The data is classified as medium importance (level 2) and is compiled from survey responses by senior purchasing managers at approximately 400 companies. It is released monthly, with the next publication scheduled for November 21, 2025.

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