Written by R.W.Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 3/7/22 Key Takeaway: The February Fastener Distributor Index (FDI) recovered nicely m/m, rebounding to 56.0, following January’s seasonal-adjustment driven down-tick. The recovery was broadly consistent with recovery seen in the ISM PMI and other macroeconomic data points as pandemic-related disruption eased. Respondent commentary […]
