US October Final PMI Released: Economic Expansion Signal

On October 3, 2025, Markit published the final reading of the US S&P Global Composite PMI for October. The reported value is 53.9; no forecast was provided, and the previous value was also 53.9.Data Definition: The Composite PMI aggregates PMI data from both the services and manufacturing sectors. A reading above 50 indicates expansion, while below 50 signals contraction. The index, based on surveys of purchasing managers, offers a direct view of economic conditions. Key subcomponents include employment, inventories, prices, and orders. If this indicator exceeds expectations, it is considered bullish for the US dollar; if it falls short, it is seen as bearish for the US dollar.This data has an importance rating of 2. The PMI is calculated through monthly surveys of purchasing managers and reflects economic trends. The final reading is published after the preliminary figure. Markit typically releases preliminary PMI readings (for manufacturing and services) around the 25th of each month, based on approximately 70%-80% of total survey responses. The final reading is released at the beginning of the following month (on the 1st or 3rd), incorporating all survey responses.

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