FDI May 2024

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 6/6/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw modest m/m improvement, reading 52.9 in May vs. 51.6 in April, and continued to expand (above neutral reading of 50), albeit driven by just one component, supplier deliveries. Commentary was again […]

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FDI April 2024

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 5/8/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) slightly decelerated m/m but remained in growth territory reading 51.6. Commentary was more mixed this month as some see pockets of significant weakness (construction, OEM, Western US markets), while others see strength […]

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FDI March 2024

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 4/3/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) expanded further in March, increasing to 53.0, up from 50.5 in February. Demand commentary leaned overall fairly positive but balanced out by a noticeable uptick in comments regarding continued rises in freight/container […]

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FTM 198 – how do I know if a bolt has been properly tightened?”

This edition of the Fastener Training Minute with Carmen Vertullo was originally published March, 18th 2024 as “how do I know if an installed bolt has been properly tightened?” during episode 198 of Fully Threaded Radio. Well hello everyone, this is Carmen Vertullo with your Fastener Training Minute,  coming to you from Fastener Training Institute […]

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FDI February 2024

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 3/5/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) bounced back to growth (>50) in February with a reading of 50.5. A key theme present among respondent commentary was stabilization/consistency in demand. After accurately forecasting the rebound in this month’s FDI, […]

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FTM 197 – do you torque the bolt or the nut and does it even matter?

This edition of the Fastener Training Minute with Carmen Vertullo was originally published February, 20th 2024 as “do you torque the bolt or the nut and does it even matter?” during episode 197 of Fully Threaded Radio. Well hello everyone, this is Carmen Vertullo with your Fastener Training Minute,  coming to you from Carver Labs […]

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FDI January 2024

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 2/7/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) saw solid m/m improvement in February with a 49.7 reading, as most underlying components of the index rose back into expansionary territory. Comments were again somewhat mixed but overall tone leaned net […]

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FTM 196 – How to certify your fasteners to your clients

This edition of the Fastener Training Minute with Carmen Vertullo was originally published January, 18th 2024 as “How do you certify your fasteners to your clients?” during episode 196 of Fully Threaded Radio. Well hello everyone, and welcome to the Fastener Training Minute. This is Carmen Vertullo coming to you from Carver Labs in beautiful […]

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FDI December 2023

Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 1/8/24 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) softened m/m with a reading of 47.5 but participants largely attributed this to seasonal softness around the holidays. Comments were varied as some participants see significant uncertainty (economy, election) heading into 2024, […]

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FTM 195- Is a tamper-resistant fastener tamper-resistant?

This edition of the Fastener Training Minute with Carmen Vertullo was originally published December, 19th 2023 as “Is there such a thing a tamper-proof fastener?” during episode 195 of Fully Threaded Radio. Well hi everybody, this is Carmen Vertullo with your Fastener Training Minute coming to you from Carver Labs in beautiful El Cajon California, […]

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