Heat Treat Today has gathered the four heat treat industry-specific economic indicators for November 2025. The November industry-specific economic indicators reinforce the overall trend toward growth that began in September of 2025.
November’s industry-specific economic indicators showed all four indices in growth. The Inquiries stayed in growth, rising to 56.5 (from 50.6 in October). Bookings rose to 55.0 (from 50.7 in October). The Backlog index rose out of contraction to 55.0 (up from 47.5 in October). Finally, the Health of the Manufacturing Economy index remained in growth at 56.5 (up from 52.8 in October).
All of the graphs suggest that the undercurrent of growth, which began in late summer, is continuing to rise as we look to the end of the year.
The results from this month’s survey (November) 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 October to November: 56.5
- Anticipated change in Value of Bookings from October to November: 55.0
- Anticipated change in Size of Backlog from October to November: 55.0
- Anticipated change in Health of the Manufacturing Economy from October to November: 56.5
Data for November 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.
