Heat Treat Economic Indicators for December: Mixed Signals with Moderate Growth

Heat Treat Today has gathered the four heat treat industry-specific economic indicators for December 2025. The December results suggest more limited growth than what was predicted in November of 2025.

December’s indices showed modest expansion with mixed momentum across different indicators. The Inquiries stayed moderately positive at 51.3 (from 56.5 in November). Bookings are encouraging at 56.3 (up from 55 in November). The Backlog index is in contraction territory at 46.3 (from 55 in November). Finally, the Health of the Manufacturing Economy index showed moderate growth at 53.8 (from 56.5 in November).

The data suggests cautious optimism but warrants close monitoring of inquiry trends and backlog levels in coming months.

The results from this month’s survey (December) are as follows: numbers above 50 indicate growth, numbers below 50 indicate contraction, and the number 50 indicates no change:

  • Anticipated change in Number of Inquiries from November to December: 51.3
  • Anticipated change in Value of Bookings from November to December: 56.3
  • Anticipated change in Size of Backlog from November to December: 46.3
  • Anticipated change in Health of the Manufacturing Economy from November to December: 53.8

Data for December 2025

The four index numbers are reported monthly by Heat Treat Today and made available on the website. 

Heat Treat Today’s Economic Indicators measure and report on four heat treat industry indices. Each month, approximately 800 individuals who classify themselves as suppliers to the North American heat treat industry receive the survey. Above are the results. Data started being collected in June 2023. If you would like to participate in the monthly survey, please click here to subscribe.