Heat Treat Economic Indicators for July: Slight Slowdown

Heat Treat Today has gathered the four heat treat industry-specific economic indicators for July 2025. While June industry-specific economic indicators rose up like weeds, July’s indicators have seen a mix of slowdown and growth.

July’s industry-specific economic indicators showed growth in one index, no change in one index, and two indices slipping into contraction. The Inquiries index shows some anticipated contraction with Inquires declining to 49.3 (from 62.5 in June). Bookings continue to reflect suppliers’ anticipation for steady growth — as compared to June’s performance — at 53.6 (slightly below June’s 56.4). The Backlog index entered definite contraction, declining to 41.7 (from 54 in June). Finally, the Health of the Manufacturing Economy index showed no expectations for change, resting at 50 (compared to 59.2 in June).

The graphs overall suggest suppliers are preparing for a slight slowdown after expecting rapid growth in June.

The results from this month’s survey (July) 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 June to July: 49.3
  • Anticipated change in Value of Bookings from June to July: 53.6
  • Anticipated change in Size of Backlog from June to July: 41.7
  • Anticipated change in Health of the Manufacturing Economy from June to July: 50

Data for July 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.