Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 10/4/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for September was 52.0, returning to growth after last month’s slight contractionary reading (49.2). An improvement in the sales and employment indexes drove the m/m improvement. Looking forward, the Forward-Looking Indicator (FLI) […]
Fully Threaded Radio episode 156 “Virtual Vegas” was published September 22, 2020. The one sure bet in the fastener industry is the Vegas show. But with this year’s long-odds cancellation, the FTR boys needed a way to unload their huge supply of giveaway Vegemite. They decided to set up a virtual booth anyway to see if […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 9/4/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for August was 49.2, implying relatively stable momentum with July (near a neutral 50 reading). Looking at the drivers of the overall m/m moderation in the FDI, a decrease in the sales […]
Fully Threaded Radio episode 155 “Out-of-Synchness” was published August 15, 2020. Things don’t seem to fit together they way they once did, but an otherwise ripe market always seems out of whack to the inattentive. So when the circumspect Mr. Andy Cohn, of Duncan Bolt, joins news editor Mike McNulty to discuss the startling FDI results on the Fastener […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published August 15, 2020 as “System 22 thread gauging or thread inspection” during episode 155 of Fully Threaded Radio. I got a question or a suggestion recently from one of our good friends, Baron Yarbrough from Spring Bolt & Nut. Baron asked if […]
Written by R.W. Baird analyst David J. Manthey, CFA 8/5/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for July was 54.6, consistent with improving momentum (above 50 reading) but at a slower rate vs. the improvement seen in June (FDI decreased m/ m). As a diffusion index, the 54.6 reading indicates the trajectory […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published July 21, 2020 as “ASME B18.16.6 nylon insert lock nuts” during episode 154 of Fully Threaded Radio. Today’s topic, like many of our topics came via an email question. Actually, it was a problem that a client had regarding the proper designation […]
Read More… from FTM 154: ASME B18.16.6 nylon insert lock nuts
Fully Threaded Radio episode 154 “Stay @ Home Tour” was published July, 21, 2020. Feeling right at home in their new roles with LindFast Solutions Group, Bernie Longen and John “OJ” Simpson explain recent developments and things to come as the fastener industry powerhouse supplier hits its stride (1:17:49). ITR Economics analyst Alex Chausovsky presents a clear, if uneven, path to […]
Written by R.W. Baird analyst David J. Manthey, CFA 7/6/20 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for June was 56.9, surging m/m as the economic re-opening continued. Sales trends were better than seasonally expected for a majority of respondents, the first time that has occurred since January. The six-month outlook further improved […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published June 18, 2020 as “Fastener Standards Review Channel” during episode 153 of Fully Threaded Radio. We’ve been doing an interesting thing on the internet here since the pandemic has been going on and it’s called the Fasteners Standards Review Channel. I spend […]
