September 2025
Missouri’s Purchasing Managers’ Index (PMI) for September 2025 was 47.1, decreasing 7.3 points from the August level of 54.4, slipping into sluggish territory. For the second time in the past three months, the Creighton University Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas, sank below growth neutral.
Economists consider the index a key economic indicator. It measures such factors as new orders, production, supplier delivery times, backlogs, inventories, prices, employment, import orders and exports. Typically, a score greater than 50 indicates an expansionary economy while a score below 50 forecasts a sluggish economy. The US May PMI® for manufacturing registered 49.1, up 0.4 from August.
Note: The national purchasing manager's indices are produced by the Institute for Supply Management, formerly the Purchasing Management Association.